FDC Financial Dev

    2 February 2005

                     Financial Development Corporation Plc                     

                                (the "Company")                                

                              Holdings in Company                              

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

Cantor Fitzgerald Europe now holds 20,850,000 ordinary shares in the Company
representing approximately 5.77% of the issued share capital.

                                    -Ends-                                     



END

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