Holding(s) in Company

Falkland Islands Holdings PLC
16 June 2004

Letter to RNS

FALKLAND ISLANDS HOLDINGS plc (the Company) 
DISCLOSURE ANNOUNCEMENT

The Company yesterday received the attached notification dated 15th June 2004
from Channel Hotels and Properties Limited that on 15th June 2004 they sold
50,000 ordinary shares of l0 pence each in the company.

Channel Hotels and Properties Limited now hold 350,000 of the company's ordinary
shares of l0 pence, which represents 5.6123% of the company's issued share
capital.

From A M Knightley    
Falkland Islands Holdings plc 
Finance Director


Letter to Falklands Islands Holding Plc

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                   15th June 2004
Total holding following
notification                          350,000
Total % holding following
notification                          5.6123%


From Channel Hotels and Properties Ltd
G.C.Barrie Melvin
Director


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