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Eircom PLC (EIR)

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Thursday 05 July, 2001

Eircom PLC

Holding in Company

Eircom PLC
5 July 2001

                            eircom plc ('eircom')



Ref: 01/21



05 July 2001



Release: Immediate



                          Notification of interests



Thursday 05 July 2001: eircom announces that it has received notification of
interests as follows:

'Section 198 Companies Act 1985

Pursuant to Section 198 of the Companies Act 1985 (the 'Act'), we write to
inform you that as at the close of its business on 3 July 2001, UBS Warburg,
('UBSW'), a business group of UBS AG, had an interest in 67,223,636 Ordinary
Shares of eircom plc, representing 3.04 per cent of the issued share capital
of the Company.

These interests are held by UBSW as beneficial owner in the ordinary course of
its trading activities and include 57,210,954 Shares (2.59 per cent) held for
hedging purposes in relation to contracts for difference entered into with
clients held pursuant to the Act.

Holdings of the Ordinary shares are registered or will be registered in the
name of Apollo Nominees Ltd.'



For further information contact:

eircom plc

Eric G. Crowley

Head of Investor Relations

Tel: + 353 1 701 5433

http://ir.eircom.ie (Note: no 'www')

ENDS