Immediate release: 28 October 2004

                     Financial Development Corporation Plc                     

                           ("FDC" or the "Company")                            

                             Director Shareholding                             

Paul Foulger, a director of FDC, has today purchased 500,000 Ordinary Shares of
�0.001 ("Ordinary Shares") at 3 pence per share. Paul Foulger now holds
3,000,000 Ordinary Shares in the Company representing 0.83% of the issued share
capital.

                                    -Ends-                                     



END
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