Holding in Company

FBD Holdings PLC
26 March 2008



Standard Form TR-1

Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC(i)

1. Identity of the issuer or the underlying issuer of existing shares to which
   voting rights are attached (ii):

   FBD HOLDINGS PLC

2. Reason for the notification (please tick the appropriate box or boxes):

   (X) an acquisition or disposal of voting rights
   ( ) an acquisition or disposal of financial instruments which may result in
       the acquisition of shares already issued to which voting rights are
       attached
   ( ) an event changing the breakdown of voting rights

3. Full name of person(s) subject to the notification obligation(iii):

   ALLIANZ SE and DRESDNER KLEINWORT SECURITIES LIMITED

4. Full name of shareholder(s) (if different from 3.)(iv):

5. Date of the transaction and date on which the threshold is crossed or
   reached (v):

   20 MARCH 2008

6. Date on which issuer notified;

   25 MARCH 2008

7. Threshold(s) that is/are crossed or reached:

   8%

8. Notified details:

A) Voting rights attached to shares

Class/type   Situation previous to  Resulting situation after the triggering
of shares    the Triggering         transaction
(if possible transaction
using the
ISIN CODE)

             Number of Number of    Number of Number of         % of voting
             Shares    Voting       Shares    Voting Rights     Rights
                       Rights       Direct    Direct  Indirect  Direct Indirect


ORDINARY
IE0003290289 1,993,662 1,993,662    2,718,315 2,718,315 3,438   8.182  0.01

SUBTOTAL A   1,993,662 1,993,662    2,718,315 2,721,753         8.192
(based on
aggregate
voting
rights)

B) Financial Instruments
Resulting situation after the triggering transaction

Type of      Expiration  Exercise/       Number of voting rights    % of voting
financial    Date(1)     Conversion      that may be acquired if    rights
instrument               Period/ Date(1) the instrument is
                                         exercised/converted

                         SUBTOTAL B (in
                         relation to all
                         expiration
                         dates)


Total (A+B)              number of voting rights            % of voting rights

                         2,721,753                          8.192

9.  Chain of controlled undertakings through which the voting rights and/or the
    financial instruments are effectively held, if applicable(vi):

    Dresdner Kleinwort Securities Limited (DKSL) is a wholly owned subsidiary
    of Dresdner Bank AG and Zenon Beteiligungs GmbH ('Zenon'), a direct
    subsidiary of Dresdner Bank AG. Dresdner Bank AG is a direct subsidiary of
    Allianz Finanzbeteiligungs GmbH ('Allianz Finanz'), which is itself a
    direct subsidiary of Allianz SE.  Accordingly Allianz SE, Allianz Finanz,
    Dresdner Bank AG and Zenon are deemed to be interested in those shares in
    which DKSL is interested.

10. In case of proxy voting: (name of the proxy holder) will cease to hold
    (number) voting rights as of (date).

    N/A

11. Additional information:




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