FDC Financial Dev

    Immediate release: 18 January 2005

                     Financial Development Corporation plc                     

                           ("FDC" or the "Company")                            

                              Holding in Company                               

Financial Development Corporation plc was informed today that Cantor Fitzgerald
Europe has an interest in 14,875,000 ordinary shares in FDC. This represents
approximately 4.12 per cent. of the issued share capital of the Company.

                                    -Ends-                                     



END

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