Holding(s) in Company

Sterling Energy PLC
05 September 2006


                      Sterling Energy PLC (the 'Company')

                                        
                                Holding in Company


The Company today received a notification dated 1 September 2006 by Capital
Group Companies Inc. ('CGC') that, as at the close of business on 31 August
2006, CGC had an interest in 86,165,000 ordinary shares of 1p each in the
Company ('Ordinary Shares'). This interest represents approximately 6.14 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                           69,665,000


5 September 2006




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