Holding(s) in Company

Sterling Energy PLC
12 January 2007


                      Sterling Energy PLC (the 'Company')


                               Holding in Company


The Company today received a notification dated 11 January 2007 from The Capital
Group Companies, Inc. ('CGC') that, as at 10 January 2007, CGC had an interest
in 126,752,000 ordinary shares of 1p each in the Company ('Ordinary Shares').
This interest represents approximately 9.035 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               110,252,000


12 January 2007


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