Holding(s) in Company

Sterling Energy PLC
28 December 2006


                      Sterling Energy PLC (the 'Company')

                                        
                                Holding in Company


The Company today received a notification dated 22 December 2006 from The
Capital Group Companies, Inc. ('CGC') that, as at 21 December 2006, CGC had an
interest in 116,415,000 ordinary shares of 1p each in the Company ('Ordinary
Shares'). This interest represents approximately 8.29 per cent. of the issued
ordinary share capital of the Company, being 1,402,950,558 Ordinary Shares.


This interest arises by virtue of Ordinary Shares attributed to the following
registered names:

Registered Name Ordinary Shares


State Street Nominees Limited 16,500,000

Chase Nominees Limited 99,915,000


28 December 2006



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