Stock Split

McInerney Holdings PLC
16 May 2007


McInerney Holdings plc



Wednesday, 16 May 2007



                                                    McInerney Holdings plc

                                                ('McInerney' or the 'Company')



Stock Split



Application has been made to both the Irish Stock Exchange and the UK Listing Authority for 200,777,615 Ordinary Shares 
of €
0.025 each in the capital of the Company ('New Ordinary Shares') to be admitted to dealing on the Official List of the 
Irish
Stock Exchange and the Official List of the UK Listing Authority and application has also been made to the London Stock
Exchange for these New Ordinary Shares to be admitted to trading on the main market for listed securities of the London 
Stock
Exchange.



This application is being made pursuant to a stock split which was approved by the shareholders of the Company at the 
Annual
General Meeting of the Company on 9 May, 2007 (the 'Sub-division').



Dealings in the New Ordinary Shares are expected to commence on Monday, 21 May, 2007. Accordingly, the last day of 
dealing in
the existing Ordinary Shares will be Friday, 18 May, 2007.



Details of the Sub-division



Pursuant to the Sub-division each Ordinary Share with a current nominal value of €0.125 each will be divided into 5 New
Ordinary Shares with a nominal value of €0.025 each.



The effect of the proposal is that each shareholder will own 5 New Ordinary Shares for every one existing Ordinary Share
held
on a record date of 18 May, 2007.  Except for this change, the New Ordinary Shares will in all other respects be the 
same as
the existing Ordinary Shares. Subject to market conditions, the aggregate value of each shareholder's holding of shares 
should
remain the same following the Sub-division. The underlying interests of McInerney shareholders in the profits and net 
assets
of the McInerney group will not be affected by the Sub-division and shareholders will have the same rights and be 
subject to
the same restrictions as under their existing holding of Ordinary Shares.



The Sub-division will not result in any new shares being issued by the Company or becoming available in whole or in part
to
the public.



Certificated Holders



New share certificates reflecting the New Ordinary Shares following the Sub-division will be issued to McInerney 
shareholders
in replacement of their existing share certificates.



Uncertificated holders



For holdings in uncertificated form, it is expected that the appropriate share accounts in CREST will be credited with
entitlements to the New Ordinary Shares on 21 May, 2007.



New ISIN Code



The New Ordinary Shares have been allocated a new ISIN Code. This is IE00B1W38B04. The SEDOL code is B1W38B0. These new 
codes
will be effective from commencement of dealings on Monday, 21 May, 2007.




Media
Weber Shandwick                                                                                             +353 1 676 
0168
Siobhan Molloy                                                                                                +353 86 
817 5066







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