Holding(s) in Company

Falkland Islands Holdings PLC
6 February 2002

FALKLAND ISLANDS HOLDINGS plc ('the company') 
DISCLOSURE ANNOUNCEMENT.

The company today received the notification below dated 6th February 2002 of a 
change in the holding of AMVESCAP PLC and subsidiary companies on behalf of 
discretionary clients, that following the sale of 90,000 ordinary shares of 10p 
on 5th February 2002 they no longer have a notifiable interest within the 
meaning of part VI of the Section 198 Companies Act 1985.

They also advised that following the sale of 56,250 shares (out of the 
aforementioned 90,000) on 5th February 2002, INVESCO English and International 
Investment Trust PLC now own 329,500 ordinary shares of 10p in the company, 
representing 5.38% of the issued shares.


LETTER TO:  FALKLAND ISLAND HOLDINGS PLC

SECTION 198 COMPANIES ACT 1985 ('THE ACT')

We write to give you notice that, following the sale of 90,000 shares of your 
Company on 5th February 2002, AMVESCAP PLC and subsidiary companies on behalf of
discretionary clients, no longer have a notifiable interest within the meaning 
of Part VI of the Act in the Ordinary l0p Shares.


We would also advise you that, following the sale of 56,250 shares (out of the 
aforementioned 90,000) on 5th February 2002, INVESCO English & International 
Investment Trust PLC now owns 329,500, representing 5.38%* of the issued shares 
(previously 6.41%*).


* Based on an issued share capital of 6,120,037


LETTER FROM: AMVESCAP PLC


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