Holding(s) in Company

Falkland Islands Holdings PLC
15 June 2004


Letter to: Falkland Islands Holdings PLC
Dated 14th June 2004


I am writing to advise you of a decrease in the shareholding of Falklands
Islands Holdings Plc., beneficially owned by Channel Hotels & Properties Ltd.
 
No. of shares sold                         50,000
% of issued class                          0.802%
Class of Security                          Ordinary shares of 10 pence each
Date of transaction                        14th June 2004
Total holding following notification       400,000
Total % holding following notification     6.414%
 

From:  Channel Hotels and Properties Ltd



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