Holding(s) in Company

Falkland Islands Holdings PLC 06 November 2007 Falkland Islands Holdings PLC 6th November 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of Falkland Island Holding PLC existing shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisition No of shares already issued to which voting rights are attached An event changing the breakdown of voting rights No Other (please specify):______________ No 3. Full name of person(s) subject to notification Dolphin Fund plc obligation: 4. Full name of shareholder(s) (if different from 3): 5. Date of transaction (and date on which the 31 October 2007 threshold is crossed or reached if different): 6. Date on which issuer notified: 2 November 2007 7. Threshold(s) that is/are crossed or reached: 4% 8: Notified Details A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transaction shares triggering transaction If possible use Number of Number of Number of Number of voting rights Percentage of voting ISIN code shares voting shares rights rights 311,000 381,000 311,000 GB0001861599 Direct Indirect Direct Indirect 381,000 4.50% B: Financial Instruments (N/A) Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights Percentage of voting instrument period/date that may be acquired rights (if the instrument exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights 381,000 4.50% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: Custodian: HSBC Global Custody Nominee(UK) Limited Account Number: 59173616 Account Name: Dolphin Fund plc Proxy Voting: 10. Name of proxy holder: HSBC Global Custody Nominee(UK) Limited 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14 Contact name: Richard Mooney richard.mooney@im.hsbc.com 15. Contact telephone name: T : +44 (0) 1624 637726 F : +44 (0) 1624 637778 This information is provided by RNS The company news service from the London Stock Exchange

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