FDC Financial Dev

    01 February 2005

                     Financial Development Corporation Plc                     

                                (the "Company")                                

                              Holdings in Company                              

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

Man Financial Limited now holds 22,950,000 ordinary shares in the Company
representing approximately 6.35% of the issued share capital.

                                    -Ends-                                     



END

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