FDC Financial Dev

    31 January 2005

                     Financial Development Corporation Plc                     

                                (the "Company")                                

                              Holdings in Company                              

Financial Development Corporation Plc has today received notification of the
following interests in its ordinary share capital:

Cantor Fitzgerald Europe now holds 21,850,000 ordinary shares in the Company
representing approximately 6.05% of the issued share capital.

Man Financial Limited now holds 21,610,000 ordinary shares in the Company
representing approximately 5.98% of the issued share capital.

                                    -Ends-                                     



END

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