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RNS

Holdings in Company

10 May 2004

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

AVS NO  

All relevant boxes should be completed in block capital letters.

1. Name of company
EIRCOM GROUP PLC
2. Name of shareholder having a major interest
MR. GEORGE SOROS
3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18
MR. GEORGE SOROS MAY BE DEEMED TO HAVE AN INTEREST IN THE ORDINARY SHARES SET OUT IN BOX 4 BY VIRTUE OF HIS BEING THE CHAIRMAN OF SOROS FUND MANAGEMENT LLC ("SFM"). SFM IS THE PRINCIPAL INVESTMENT ADVISOR OF QUANTUM PARTNERS LDC, WHICH IN TURN IS THE MAJORITY INVESTOR IN A LIMITED PARTNERSHIP. BOTH QUANTUM PARTNERS LDC AND THE LIMITED PARTNERSHIP ARE BENEFICIAL OWNERS OF CERTAIN OF THE ORDINARY SHARES HELD BY MORGAN STANLEY, AS SET OUT IN BOX 4.
SFM IS ALSO THE SOLE MANAGING MEMBER OF SPEP MANAGEMENT LLC, WHICH IN TURN IS THE INVESTMENT MANAGER OF THE ENTITY WHICH OWNS KNIGHTSTOWN INVESTOR LIMITED.
MR. GEORGE SOROS MAY ALSO BE DEEMED TO HAVE AN INTEREST IN THE ORDINARY SHARES SET OUT IN BOX 4 BY VIRTUE OF HIS BEING THE MANAGING MEMBER OF EMOF MANAGER LLC, WHICH IN TURN IS THE MANAGER OF EMOF LLC.
4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
7,231,950 ORDINARY SHARES HELD BY MORGAN STANLEY.
7,267,648 ORDINARY SHARES HELD BY KNIGHTSTOWN INVESTOR LIMITED.
7,267,648 ORDINARY SHARES HELD BY KNIGHTSTOWN INVESTOR LIMITED.
5. Number of shares/amount of stock acquired
N/A
6. Percentage of issued class (any treasury shares held by company should not be taken into account when calculating percentage)
N/A
7. Number of shares/amount of stock disposed
2,547,850 ORDINARY SHARES
8. Percentage of issued class (any treasury shares held by company should not be taken into account when calculating percentage)
0.34%
 
9. Class of security
ORDINARY SHARES OF €0.10 EACH
10. Date of transaction
6 MAY 2004
11. Date company informed
7 MAY 2004
12. Total holding following this notification
AS DETAILED IN BOX 4
13. Total percentage holding of issued class following this notification (any treasury shares held by company should not be taken into account when calculating percentage)
2.94%
 
14. Any additional information
N/A
15. Name of contact and telephone number for queries
JOHN MASON, COMPANY SECRETARY
+353 1 671 4444
16. Name and signature of authorised company official responsible for making this notification
Date of notification 10 MAY 2004
.