Board Changes

FBD Holdings PLC
09 March 2005





9th March  2005











FBD Holdings plc





RE:  BOARD CHANGES





Dear Sir/Madam,



Further to the Board Meeting held to-day, 8th March 2005, FBD Holdings plc
wishes to announce that Mr. John Duggan, Mr. Michael Morley and Mr. Hugh Ryan,
non-executive directors, will not be seeking re-election at the Annual General
Meeting due to be held on 27th April 2005 and will be retiring with effect from
that date.   This follows recent Board appointments.







Yours faithfully,









________________

David J. Flynn

Secretary





8th March  2005







This announcement has been issued through the Companies Announcement Service of



                            The Irish Stock Exchange










                      This information is provided by RNS
            The company news service from the London Stock Exchange