Re Potential Offer

Falkland Islands Holdings PLC 01 October 2004 Falkland Islands Holdings plc ('FIH') Possible Offer for Portsmouth Harbour Ferry Company PLC The Board of FIH notes today's press speculation and confirms that it is considering the possibility of making an offer for all the shares in Portsmouth Harbour Ferry Company that it does not already own. FIH intends to approach the Board and advisers of Portsmouth Harbour Ferry Company in due course to seek a recommendation. Friday 1 October 2004 This information is provided by RNS The company news service from the London Stock Exchange