FDC Financial Dev

    Immediate release: 15 October 2004

                     Financial Development Corporation Plc                     

                                (the "Company")                                

                             Director Shareholding                             

The following share sales by directors of the Company have taken place:

Name                 Number of Shares  Retained number of       Percentage of
                                 Sold     Ordinary Shares        issued share
                                                                      capital
                                                                             
Adam Reynolds              30,250,000           8,500,000               2.49%
                                                                             
Tony Caplin                 3,000,000                   0                  0%
                                                                             
Paul Foulger                2,500,000             500,000               0.15%
                                                                             

For further information please contact,

Paul Foulger, Finance Director

Tel. 020 7245 1100



END

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