Holding(s) in Company

Paddy Power plc
29 November 2004

Paddy Power plc

29 November 2004

Re: Holding in Company



Notification of Interest in Paddy Power Plc

Paddy Power plc has today received a notification from Merrill Lynch Investment
Managers Limited dated 29 November 2004, that neither Merrill Lynch Investment
Managers Limited nor any of its affiliates has a notifiable interest in the
relevant share capital of Paddy Power plc as of 26 November 2004.

Yours sincerely,

Nuala Hunt

Company Secretary


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