Holding in Company

Alkane Energy PLC 30 June 2006 ALKANE ENERGY PLC (the 'Company') 30 JUNE 2006 NOTIFICATION OF MAJOR INTEREST IN SHARES The Company has today received notification of the following major interest in shares. 1. Name of Company: Alkane Energy plc 2. Name of shareholder having a major interest: UBS AG 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18: Persons in 2 above. 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them: UBS AG London Branch 5. Number of shares/amount of stock acquired: Not disclosed 6. Percentage of issued class: Not disclosed 7. Number of shares/amount of stock disposed: Not disclosed 8. Percentage of issued class: Not disclosed 9. Class of security: Ordinary shares of 0.5p each 10. Date of transaction: 28 June 2006 11. Date company informed: 29 June 2006 12. Total holding following this notification: 7,401,822 13. Total percentage holding of issued class following this notification: 8.10% 14. Any additional information: N/a 15. Name of contact and telephone number for queries: Steve Goalby, +44 (0) 1623 827922 16. Name of company official responsible for making this notification: Steve Goalby, Finance Director Date of notification: 30 June 2006 ENDS This information is provided by RNS The company news service from the London Stock Exchange
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