Exhibit 2.8

FORM OF WAIVER

Waterford
Wedgwood plc
Barlaston Stoke-on-Trent ST12 9ES England Telephone (44) 1782 204141/600012
Facsimiles:    Group Finance (44) 1782 372962    Group Communications: (44) 1782 204666

29
September 2003

To:
The Noteholders under the Note Purchase Agreement referred to below

Ladies
and Gentlemen,

US$95,000,000 note purchase agreement dated 18 November 1998 and entered into by Waterford Wedgwood Plc (the "Company"), Waterford Wedgwood
Finance, Inc. (the "Issuer") and the Noteholders as amended prior to the date hereof ("Note Purchase Agreement")

We
refer to the Note Purchase Agreement referred to above. Terms defined in the Note Purchase Agreement shall have the same meaning when used in this letter.

Subject
to the conditions referenced below, the Noteholders hereby waive any breach (together, the "Waived Defaults") of the covenants set
out: (i) in Sections 10.3 and 10.4 of the Note Purchase Agreement which may arise (but for this conditional waiver) as at 30 September 2003 or in respect of a
period ending on 30 September 2003 and (ii) in Section 10.2 of the Note Purchase Agreement which has arisen or may arise (but for this conditional waiver) at any time through and
including 30 November 2003, and provided that such conditional waiver shall expire on 30 November 2003 unless otherwise agreed by the Required Holders (the
"Waiver").

The
Company and the Issuer hereby undertake, agree and acknowledge as a condition to initial grant and continuing effectiveness of the Waiver as follows:

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The
Company and the Issuer hereby further agree and acknowledge that the undertakings and agreements set out in paragraphs (c) and (d) and the following paragraph of this
letter shall continue in full force and effect, notwithstanding the termination, expiry or discharge of the Waiver, as valid, binding and enforceable obligations of the Company and the Issuer.

Save
as contemplated by this waiver letter, the provisions of the Note Purchase Agreement, the Other Agreements, the Notes and any Restricted Entity Guarantee Agreement (the
"Note Documents") shall continue in full force and effect and, for the avoidance of doubt, nothing contained herein shall be deemed to constitute a
waiver of, or a consent in relation to, any provision of the Note Documents other than as expressly set forth herein. The Company and the Issuer hereby agree and acknowledge that immediately upon the
termination, expiry or discharge of the Waiver, the Waiver shall cease to have continuing effect and the Waived Defaults shall constitute Events of Default arising as of September 30, 2003 and
the Waiver shall have been given without prejudice to the rights and remedies available to the Noteholders with regard to such Events of Default.

Each
of the Company and the Issuer hereby confirms that following execution and delivery of this waiver letter it has no knowledge of a breach of the terms of, or the existence of any
Event of Default or other default (in each case, a "Default") under, any of the Note Documents as of the date hereof.

This
waiver letter shall be governed by the laws of the State of New York.

The
Company and the Issuer hereby agree and acknowledge that that they will pay all fees, costs and expenses of the Noteholders and their advisers in connection with the delivery of this
waiver letter and the Refinancing in accordance with Section 16.1 of the Note Purchase Agreement.

This
waiver letter shall become effective on its execution by the Required Holders and may be signed in any number of counterparts.

Please
confirm your acceptance to the terms of this waiver letter by countersigning it and returning it to Martin Davies at Waterford Wedgwood Plc on fax number +44 (0)1782 204501 with a
copy to David Butler at Clifford Chance on fax number +44 (0)20 7006 5555.

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Yours
faithfully,

|                                                                      |  |  | 
|--------------------------------------------------------------------- |  |  | 
|For and on behalf of
Waterford Wedgwood Plc
(as the Company)          |  |  | 
|                                                                      |  |  | 
|For and on behalf of
Waterford Wedgwood Finance, Inc.
(as the Issuer) |  |  | 

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