Eland Oil & Gas Regulatory News (ELA)

3 May 2005 10:25

Elan Corporation PLC03 May 2005 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1. Name of company Elan Corporation, plc 2. Name of director Kyran McLaughlin 3. Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non-beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18 or in respect of a non-beneficialinterest (2) above 4. Name of the registered holder(s) and, if more than one holder, the number ofshares held by each of them (if notified) Kyran Mclaughlin 5. Please state whether notification relates to a person(s) connected with thedirector named in 2 above and identify the connected person(s) n/a 6. Please state the nature of the transaction. For PEP transactions pleaseindicate whether general/single co PEP and if discretionary/non discretionary 7. Number of shares / amount of stock acquired 90,000 8. Percentage of issued class (any treasury shares held by company should not betaken in to account when calculating percentage) 0.022% 9. Number of shares/amount of stock disposed 10. Percentage of issued class 11. Class of security American Depositary Shares 12. Price per share $5.1749 13. Date of transaction 29/04/2005 14. Date company informed 29/04/2005 15. Total holding following this notification 100,000 16. Total percentage holding of issued class following this notification (anytreasury shares held by company should not be taken in to account whencalculating percentage) 0.025% If a director has been granted options by the company please complete thefollowing boxes. 17. Date of grant 18. Period during which or date on which exercisable 19. Total amount paid (if any) for grant of the option 20. Description of shares or debentures involved: class, number 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at time of exercise 22. Total number of shares or debentures over which options held following thisnotification 23. Any additional information 24. Name of contact and telephone number for queries Willian Daniel 709 4621 25. Name and signature of authorised company official responsible for makingthis notification William Daniel Date of Notification 3 May 2005 This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange This information is provided by RNS The company news service from the London Stock Exchange