Holding in Company

Sterling Energy PLC
28 November 2007



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which 
voting rights are attached:

Sterling Energy plc


2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the 
acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): Increase in share capital - Placing: Yes


3. Full name of person(s) subject to notification obligation:                  

INVESCO plc


4. Full name of shareholder(s) (if different from 3):                                        



5. Date of transaction (and date on which the threshold is crossed or reached if    
different):

20 November 2007


6. Date on which issuer notified:         

25 November 2007
    
     
7. Threshold(s) that is/are crossed or reached:          

29% to 28%                        


8: Notified Details
A: Voting rights attached to shares

Class/       Situation previous to the Resulting situation after the triggering
type          triggering transaction               transaction
of shares
if
possible
use ISIN    Number of    Number of  Number of  Number of voting    Number of 
               shares       voting     shares      rights        voting rights
                            rights             Direct  Indirect  Direct Indirect

          407,242,907 407,242,907  475,906,325      475,906,325           28.83%

GB0005299929


B: Financial Instruments
Resulting situation after the triggering transaction

Type of     Expiration Exercise/     No. of voting rights that may   Percentage
financial   date       conversion    be acquired (if the instrument  of voting
instrument             period/date   exercised/converted)            rights



Total (A+B)
Number of voting rights              Percentage of voting rights

            475,906,325                                   28.83%



9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:

Bank of Ireland - 4,138,800
Bank of New York - 1,571,062
Bank of New York (Brussels) - 815,771
Chase Bank - 2,397,884
JP Morgan Chase - 32,185,678
Vidacos Nominees - 425,892,481
HSBC - 6,517,394
Japan Trustee Services Bank - 42,086
State Street Trust & Banking (London) - 2,257,925
Trust & Custody Servs JP - 87,244


Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14 Contact name:  

Rosalind McDonald

15. Contact telephone name:   

01491 417 404


For notes on how to complete form TR-1 please see the FSA website.



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