Re: Holding in Company

Paddy Power plc
29 December 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Paddy Power plc



2. Name of shareholder having a major interest


Nordea Investments Funds SA



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18


As in (2) above



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them


As in (2) above



5. Number of shares / amount of stock acquired


734,900



6. Percentage of issued class


1.46%



7. Number of shares / amount of stock disposed


N/A



8. Percentage of issued class


N/A



9. Class of security


Ordinary shares of €0.10 each



10. Date of transaction


21 December 2005






11. Date company informed


21 December 2005



12. Total holding following this notification


3,934,900



13. Total percentage holding of issued class following this notification


7.81%



14. Any additional information


N/A



15. Name of contact and telephone number for queries


Robert Bastow [phone]



16. Name and signature of authorised company official responsible for making
this notification


Robert Bastow [phone]



Date of notification


29 December 2005







This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.










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