Immediate release: 25 January 2005

                     Financial Development Corporation plc                     

                           ("FDC" or the "Company")                            

                              Holding in Company                               

Financial Development Corporation plc was informed today that Man Financial
Limited has an interest in 24,870,000 ordinary shares in FDC. This represents
approximately 6.88 per cent. of the issued share capital of the Company.

                                    -Ends-                                     



END



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