Grant of Options

Sterling Energy PLC
25 July 2007

                            
            
                      Sterling Energy PLC ('the Company')
                                Grant of Options

On 24 July 2007 the Board of the Company granted 1,000,000 options over ordinary
shares of 1p each ('Ordinary Shares') to Dr Richard Stabbins, the Chairman of
the Company, at an option price of 14.5p per Ordinary Share. No consideration
was paid for the grant of these options which are exercisable between 24 July
2009 and 24 July 2017.

In addition to the above options, Dr Stabbins is interested in 4,474,272
Ordinary Shares, representing 0.29 per cent. of the issued share capital of the
Company, and holds options over 1,000,000 Ordinary Shares at an option price of
19.5p per Ordinary Share.


25 July 2007



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