Exhibit4.10

WATERFORD WEDGWOOD PLC

SIR ANTHONYO'REILLY

- and -

MR PETER JOHNGOULANDRIS

RELATIONSHIP AGREEMENT

WILLIAM FRY Solicitors Fitzwilton HouseWilton Place Dublin 2

002542.0207.KC

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TABLE OF CONTENTS

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|-----|--|------------------------------|--|---|--|--------|--------|--------|--|--|--|--|--|--|
| 1.  |  | **DEFINITIONS**              |  | 4 |
| 2.  |  | **EFFECTIVEDATE**            |  | 5 |
| 3.  |  | **UNDERTAKINGS**             |  | 5 |
| 4.  |  | **DIRECTORCONFLICTS**        |  | 6 |
| 5.  |  | **ENFORCEMENT**              |  | 6 |
| 6.  |  | **TERMINATION**              |  | 6 |
| 7.  |  | **MODIFICATION**             |  | 7 |
| 8.  |  | **SEVERABILITY**             |  | 7 |
| 9.  |  | **COUNTERPARTS**             |  | 7 |
| 10. |  | **CONSTRUCTION**             |  | 7 |
| 11. |  | **CAPTIONS**                 |  | 7 |
| 12. |  | **GOVERNINGLAW**             |  | 7 |  |   |   |   |
| 13. |  | **NOTICE**                   |  | 7 |
| 14. |  | **CONFLICT ORINCONSISTENCY** |  | 8 |
|     |

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THIS AGREEMENT is made on 20 June2005

BETWEEN:

|  | WATERFORD WEDGWOODplc, a Public Limited Company registered in Ireland undernumber 11861 whose registered office is at Kilbarry,Waterford, Ireland (hereinafter referred to as the"Company") |
|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | SIRANTHONY O'REILLY of Lissadell, Lyford Cay, Nassau,Bahamas (hereinafter referred to as "Sir AnthonyO'Reilly") |
|--|-----------------------------------------------------------------------------------------------------------------|

- and -

|  | MR PETER JOHN GOULANDRIS of Sea Saga,Edgewater Drive Lyford Cay, Nassau, Bahamas (hereinafterreferred to as "Mr Goulandris") |
|--|------------------------------------------------------------------------------------------------------------------------------|

WHEREAS:

A.    The Company has at the dateof this Agreement an authorised share capital of€210,000,000 divided into 3,500,000,000 ordinary shares of€0.06 each, of which 2,658,632,610 are in issue and fullypaid up.

B.    The Company proposes to raise up to€101,000,000 (before commissions and expenses) by means ofthe issue of the Rights Issue Units (as defined below) on the terms tobe set out in the Prospectus (as defined below).

C.    TheCompany must comply with the Listing Rules (as defined below), whichrequire the Company to be capable at all times of carrying on itsbusiness independently of any Controlling Shareholder (as definedbelow), including any Associate (as defined below) thereof, and thatall transactions and relationships between the Company and anyControlling Shareholder or Associate thereof be at arm's lengthand on a basis no less favourable to the Company than a normalcommercial basis.

D.    Each of Sir Anthony O'Reilly andMr Goulandris may become a Controlling Shareholder (as defined below)following completion of the Underwriting (as defined below).

E.    The Company, Sir Anthony O'Reilly and Mr Goulandrishave entered into this Agreement for the purposes of the Listing Rules,including in particular paragraphs 3.12 and 3.13 of the ListingRules.

NOW IN CONSIDERATION OF Sir Anthony O'Reilly and MrGoulandris agreeing severally to enter into certain undertakings withthe Company upon and subject to the terms and conditions of this

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Agreement, and in consideration of the receiptof the sum of €1.00 by each of the parties hereto fromeach of the other parties hereto (the receipt of which is herebyacknowledged) and for other valuable consideration the sufficiency ofwhich is hereby acknowledged, IT IS HEREBY AGREED ASFOLLOWS:

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|----------|-------------|
| 1.  | Definitions |

In thisAgreement the following expressions shall have the following meaningsunless the context otherwiserequires:

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|  | (a)  | "Articles",the Articles of Association of the Company for the time being and asamended from time totime; |

|  |           |                                                                                                    |
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|  | (b)  | "Associate",the meaning given to such expression in paragraphs 11.1(d) and (e) ofthe ListingRules; |

|  |           |                                                                                        |
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|  | (c)  | "Board",the Board of Directors of the Company for the time being and from timeto time; |

|  |           |                                                                                                                 |
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|  | (d)  | "ControllingShareholder", any person (or persons acting jointly byagreement whether formal or otherwise) whois: |

|  |           |                                                                                                                                                                                                                                                                                                                    |
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|  | (i)  | entitled to exercise, or tocontrol the exercise of, 30% or more of the rights to vote atgeneral meetings of the Company (but the rights to vote attaching toany treasury shares held by the Company are not to be taken intoaccount when calculating a person's percentage rights to voteunder this paragraph); or |

|  |            |                                                                                                                          |
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|  | (ii)  | able tocontrol the appointment of directors who are able to exercise amajority of votes at board meetings of theCompany. |

|  |           |                                                                                                                      |
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|  | (e)  | "CurrentRelationship Directors", Sir Anthony O'Reilly, MrGoulandris, Lady Chryss O'Reilly and Mr Tony O'Reilly,Jnr.; |

|  |           |                                                                                   |
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|  | (f)  | "Directors",the Directors of the Company for the time being and from time totime; |

|  |           |                                                                                                                                                              |
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|  | (g)  | "Group",the Company and its subsidiaries and subsidiary undertakings for thetime being and from time to time and "member of theGroup" means any one of them; |

|  |           |                                                                                                |
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|  | (h)  | "Holding",the interest of each Principal Shareholder in the equity share capitalof theCompany; |

|  |           |                                                                                                                                                                                                                                                           |
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|  | (i)  | "IncomeShares", non-voting shares of nominal value Stg 1p each inthe capital of Waterford Wedgwood UK plc which, when issued with andtied to an Ordinary Share, entitle holders of Stock Units to elect toreceive dividends paid from UK-sourced profits; |

|  |           |                                                                                                                                                                              |
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|  | (j)  | "IndependentBoard", for the purposes of each particular determinationto be made by the Board for the purposes of Clauses 3 and 4 of thisAgreement, the IndependentDirectors; |

|  |           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|--|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (k)  | "IndependentDirectors", now, the Directors other than the CurrentRelationship Directors, and, on an ongoing basis, the Directors otherthan the Current Relationship Directors and any Director connected toone or both of the Principal Shareholders within the meaning of Section26 of the Companies Act 1990 (as amended by Section 76 of the CompanyLaw Enforcement Act 2001) and any Director who has a significant anddirect business relationship with either or both of the PrincipalShareholders which, in the reasonable opinion of the Independent Board(excluding also the Director whose relationship is being considered),would materially interfere with the exercise by him/her of independentjudgment on suchmatter; |

|  |           |                                                         |
|--|-----------|---------------------------------------------------------|
|  | (l)  | "Irish StockExchange", The Irish Stock ExchangeLimited; |

|  |           |                                                                                                                                                                                                                                                |
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|  | (m)  | "ListingRules", the listing rules of the Irish Stock Exchangeand/or, where appropriate, the listing rules of the UK ListingAuthority, as they may be varied, supplemented and amended from time totime, inter alia to reflect the Regulations; |

|  |           |                                                        |
|--|-----------|--------------------------------------------------------|
|  | (n)  | "London StockExchange", The London Stock Exchange plc; |

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|  |           |                                                                                                 |
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|  | (o)  | "OrdinaryShares", ordinary shares of nominal value€0.06 each in the capital of theCompany; |

|  |           |                                                                 |
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|  | (p)  | "PrincipalShareholders", Sir Anthony O'Reilly and MrGoulandris; |

|  |           |                                                                                                                                                                                   |
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|  | (q)  | "Prospectus",the prospectus or listing particulars for the purposes of the RightsIssue relating to the Company and the Group, as required by theRegulations and the ListingRules; |

|  |           |                                                                                                                                                                                                                                                                                                                                                                      |
|--|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (r)  | "Regulations",the European Communities (Stock Exchange) Regulations 1984 and theEuropean Communities (Transferable Securities and Stock Exchange)Regulations 1992 or any legislation implemented in substitutiontherefore, including the European Communities (Prospectus) Regulations2005 and the Investment Funds, Companies and Miscellaneous ProvisionsAct 2005; |

|  |           |                                                                                                                                                                                         |
|--|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (s)  | "RightsIssue", the issue of 1,661,857,115 Stock Units to holdersof Stock Units on the basis of 7 Rights Issue Units for every 11 StockUnits held announced by the Company on 4 May2005; |

|  |           |                                                                                          |
|--|-----------|------------------------------------------------------------------------------------------|
|  | (t)  | "Rights IssueUnits", 1,661,857,115 Stock Units to be issued pursuant tothe Rights Issue; |

|  |           |                                                                                                                        |
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|  | (u)  | "StockExchanges", together the Irish Stock Exchange and theLondon Stock Exchange and either of them a "StockExchange"; |

|  |           |                                                                         |
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|  | (v)  | "StockUnit", one Ordinary Share and one Income Share, which aretwinned; |

|  |           |                                                                                                                                                                                                                         |
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|  | (w)  | "UKLA", or"UK Listing Authority", the FinancialServices Authority acting in its capacity as the competent authorityfor the purposes of Part VI of the Financial Services and Markets Act2000 of the United Kingdom; and |

|  |           |                                                                                                                                                                                                               |
|--|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (x)  | "Underwriting",the underwriting of the Rights Issue in accordance with the terms ofthe conditional Underwriting Agreement dated 20 June 2005 between theCompany, Birchfield Holdings Limited and J&EDavy. |

|          |               |
|----------|---------------|
| 2.  | EffectiveDate |

|  |           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|--|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (a)  | The provisions of thisAgreement shall come into effect on the date that either or both of thePrincipal Shareholders becomes a Controlling Shareholder of the Companypursuant to the Rights Issue and shall have no effect in the periodprior to that date. If such event has not occurred on or before 30August 2005 or such later date as may be agreed, in writing, betweenthe parties (being in any event no earlier than the date upon which thePrincipal Shareholder(s) would, directly or indirectly throughBirchfield Holdings Limited, if required, subscribe for Rights IssueUnits pursuant to the Underwriting), this Agreement shall terminate andbe of no further effect. |

|  |           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|--|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (b)  | Notwithstanding any other provision ofthis Agreement, nothing in this Agreement shall require the PrincipalShareholders to abstain, or procure the abstention, from voting, forthe avoidance of doubt in their capacity as Shareholders in the Companyonly, the Stock Units attributable to the Holding in respect of theresolutions (other than the resolution to be passed by IndependentShareholders (as that term is defined in the Circular convening suchmeeting) as required by the Irish Takeover Panel) to be proposed at anExtraordinary General Meeting of the Company proposed to be held on 20June 2005 provided always that the Principal Shareholders will complywith the provisions of Chapter 11 of the Listing Rules and will sodemonstrate to the satisfaction of the Irish Stock Exchange and theUKLA as required, prior to taking any action in accordance with thisClause2(b). |

|          |              |
|----------|--------------|
| 3.  | Undertakings |

|        |                                                                                                                                                                                    |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Eachof the Principal Shareholders hereby severally undertakes to theCompany, from the time when either of them becomes a ControllingShareholder pursuant to the Rights Issue,that: |

|  |           |                                                                                                                                                                                                                                                           |
|--|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (a)  | he shall exercise, or procurethe exercise of, the voting rights in the Company attributable to hisHolding so as to ensure that the Company and/or the Group is capable atall times of carrying on its business independently of him and/or hisAssociates; |

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|  |           |                                                                                                                                                                                                                                                      |
|--|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (b)  | alltransactions and relationships between him and/or any entity interestedin his Holding and/or his Associates and the Group are conducted atarm's length and on a basis which is at least as beneficial tothe Company as a normal commercial basis; |

|  |           |                                                                                                                                                                                                                                                                        |
|--|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (c)  | he will abstain, or procure theabstention, from voting the Stock Units attributable to his Holding ingeneral meetings of the Company in respect of any contract orarrangement in which, in the reasonable opinion of the IndependentBoard, he has a material interest; |

|  |           |                                                                                                                                                                                                                                              |
|--|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (d)  | he will not exercise, or procure theexercise of, the voting rights in the Company attributable to hisHolding in favour of any amendment to the Articles which would beinconsistent with, or in violation of, the terms of this Agreement;and |

|  |           |                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|--|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (e)  | he will procure that, withinseven days of becoming aware of a significant acquisition opportunityof a non-publicly quoted company in the luxury crystal and ceramicsbusinesses, the Company will be provided with notice of that investmentopportunity and he and his Associates will not pursue such acquisitionopportunity if within a period of five business days the Companynotifies him of its intention to take up such acquisitionopportunity. |

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|----------|--------------------|
| 4.  | Director Conflicts |

|        |                                                                                                                                                                 |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Each of the Principal Shareholders and theCompany hereby severally undertakes to use all reasonable endeavours toprocure that during the term of thisAgreement: |

|  |           |                                                                                                                                                                                |
|--|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (a)  | in respect of any Boardresolution relating to any transaction between any member of the Groupand a Principal Shareholder, no member of the Board may exercise a voteif he/she: |

|  |           |                                                                             |
|--|-----------|-----------------------------------------------------------------------------|
|  | (i)  | is a CurrentRelationship Director connected with that PrincipalShareholder; |

|  |            |                                                                                                                                                                           |
|--|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (ii)  | is connected to thatPrincipal Shareholder within the meaning of Section 26 of the CompaniesAct 1990 (as amended by Section 76 of the Company Law Enforcement Act2001); or |

|  |             |                                                                                                                                                                                                                                                                                                                                                              |
|--|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (iii)  | has a significant anddirect business relationship with that Principal Shareholder which, inthe reasonable opinion of the Independent Board (excluding thosemembers who fall within sub-paragraph (i) or (ii) and the director whohas such relationship), would materially interfere with the exercise byhim/her of independent judgement on such matter; and |

|  |           |                                                                                                                                                                |
|--|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (b)  | the requirements of the Listing Rules(if any) in respect of Controlling Shareholders, insofar as they relateto him as Principal Shareholder, are compliedwith. |

|          |             |
|----------|-------------|
| 5.  | Enforcement |

|        |                                                                                                                                                                                                                                                                                                                                                |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Each of the Principal Shareholders and theCompany agree severally that, if at any time hereafter it provesnecessary to enforce any of the provisions of this Agreement, thedecision as to any such enforcement shall be taken at a meeting of theBoard (or a committee of the Board) comprised solely, in either case,of IndependentDirectors. |

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|----------|-------------|
| 6.  | Termination |

|  |           |                                                                                                   |
|--|-----------|---------------------------------------------------------------------------------------------------|
|  | (a)  | Theprovisions of this Agreement shall terminate, without the need for anyfurther or other action: |

|  |           |                                                                                        |
|--|-----------|----------------------------------------------------------------------------------------|
|  | (i)  | inrelation to a Principal Shareholder, if he ceases to be a ControllingShareholder; or |

|  |            |                                                                                                    |
|--|------------|----------------------------------------------------------------------------------------------------|
|  | (ii)  | if the Companyceases to be admitted to the Official Lists of the Irish Stock Exchangeand the UKLA. |

|  |           |                                                             |
|--|-----------|-------------------------------------------------------------|
|  | (b)  | The Company shall beentitled to terminate this Agreementif: |

|  |           |                                                                                                                                 |
|--|-----------|---------------------------------------------------------------------------------------------------------------------------------|
|  | (i)  | at any time during the term ofthis Agreement the Listing Rules are amended so as to obviate thenecessity for this Agreement; or |

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|  |            |                                                     |
|--|------------|-----------------------------------------------------|
|  | (ii)  | it is in thebest interests of the Company to do so. |

|          |              |
|----------|--------------|
| 7.  | Modification |

|        |                                                                                                                                                                            |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Nomodification of any provision of this Agreement shall be binding unlessthe same shall be evidenced in writing duly executed by or on behalf ofeach of the partieshereto. |

|          |              |
|----------|--------------|
| 8.  | Severability |

|        |                                                                                                                                                                                                                                                                                                                                                                                                                           |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | If at any time any one or more of the provisionsof this Agreement or any part thereof is or becomes invalid, illegal orunenforceable in any respect under any law, the validity, legality andenforceability of the remaining provisions shall not in any way beaffected or impaired thereby and the parties agree that, in suchcircumstances, full effect shall be given to such provision in thereduced or amended form. |

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|----------|--------------|
| 9.  | Counterparts |

|        |                                                                                                                                                                                                                   |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | This Agreement may be executed in any number ofcounterparts, each of which when executed and delivered shallconstitute an original and all such counterparts together shallconstitute one and the sameinstrument. |

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|-----------|--------------|
| 10.  | Construction |

|  |           |                                                                                                                                                                                                                                                                                     |
|--|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (a)  | Anyreference to any provision of any legislation shall include anymodification, re-enactment or extension thereof. Any reference to anyprovision of any legislation shall be a reference to legislation of theRepublic of Ireland unless the context clearly indicates thecontrary. |

|  |           |                                                                                                                                                                                                                                                     |
|--|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (b)  | Words such as"hereunder","hereto", "hereof"and "herein" and other words commencing with"here" shall, unless the context clearlyindicates to the contrary, refer to the whole of this Agreement and notto any particular clause or paragraphthereof. |

|  |           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|--|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (c)  | Save as otherwise providedherein, any reference to a clause, paragraph or sub-paragraph shall bea reference to a clause, paragraph or sub-paragraph, as the case maybe, of this Agreement and any reference in a clause or paragraph to aparagraph or sub-paragraph shall be a reference to a paragraph orsub-paragraph of the clause or paragraph in which the reference iscontained, unless it appears from the context that a reference to someother provision is intended. |

|  |           |                                                                                                                                                                                                                           |
|--|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (d)  | Exceptwhere the context otherwise requires, words denoting the singularinclude the plural and vice versa, words denoting any one genderinclude all genders and words denoting persons include corporations andvice versa. |

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|-----------|----------|
| 11.  | Captions |

|        |                                                                                                                                                                                                 |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | The captions to the clauses of this Agreementare inserted for convenience of reference only and shall not beconsidered a part of or affect the construction or interpretation ofthis Agreement. |

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|-----------|---------------|
| 12.  | Governing Law |

|        |                                                                                                                                                                     |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | This Agreement shall in all respects (includingthe formation thereof and performance thereunder) be governed by andconstrued in accordance with the laws ofIreland. |

|           |        |
|-----------|--------|
| 13.  | Notice |

|  |           |                                                                                                                                                                                                                                                                                                                                                       |
|--|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (a)  | Anynotice or other communication required or permitted to be given or madehereunder to a party hereto shall be delivered or sent by letter to theaddress listed after his or its name herein or to such other address assuch party hereto may from time to time notify to the other partieshereto in writing in accordance with the provisionshereof. |

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|  |           |                                                                                                                                                                                                                                                                                                                                                                    |
|--|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | (b)  | Any notice orother communication required or permitted to be given or made hereundershall be validly given or made if delivered personally or despatched byprepaid internationally recognised courier service or by prepaid letterpost (airmail, if to an address outside the country of the sender)addressed as aforesaid and shall be deemed to be given ormade: |

|  |           |                                                                |
|--|-----------|----------------------------------------------------------------|
|  | (i)  | if delivered by hand or bycourier - at the time of delivery;or |

|  |            |                                                                                           |
|--|------------|-------------------------------------------------------------------------------------------|
|  | (ii)  | if sent by post – onehundred and twenty hours after the same shall have beenposted. |

|           |                           |
|-----------|---------------------------|
| 14.  | Conflict or Inconsistency |

|        |                                                                                                                                                                         |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | In the case of any conflict or inconsistencybetween the provisions of this Agreement and the provisions of theArticles, the provisions of this Agreement shall prevail. |

IN WITNESS WHEREOF this Agreement has been entered into theday and year first herein written.

|                                                                                      |  |                                                                                                                                                                                                                                        |  |  |  |  |
|--------------------------------------------------------------------------------------|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|
| SIGNED,SEALED AND DELIVERED by the said SIR ANTHONY O'REILLYinthe presenceof:        |  |     TimJ. Scanlon                         Dulyauthorised Attorney forSir Anthony O'Reilly  |
| Éanna MellettSolicitor30 HerbertStreetDublin 2                                |  |     ÉannaMellet                           Witness                    |
| SIGNED, SEALED AND DELIVERED by the said MR. PETER JOHNGOULANDRISin the presence of: |  |     Tim J.Scanlon                        Dulyauthorised Attorney for Peter John Goulandris |
| Éanna MellettSolicitor30 HerbertStreetDublin 2                                |  |     ÉannaMellett                           Witness                   |
| PRESENT when the common seal of WATERFORD WEDGWOOD PLCwasaffixed hereto:             |  |     RedmondO'Donoghue           Director                                                                                                                    |
|                                                                                 |  | PatrickDowling                       Director/Secretary                                                             |
|                                                                                      |

WF-433614-v7:exv

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