Holding in Company

Alkane Energy PLC
08 March 2006


ALKANE ENERGY PLC (the 'Company')
8 MARCH 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:

Gartmore Investment Limited and Gartmore Fund Managers Limited

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:

Beneficial Owner                                                          Registered Owner                   Number of 
Shares
Gartmore Fund Managers Ltd a/c Gartmore UK & Irish Smaller Companies      HSBC Global Custody Nominee UK Ltd 6,438,238
Strathclyde Pension Fund                                                  Nortrust Nominees Limited          2,744,779
The Alphagen Volantis Fund Limited                                        Vidacos Nominees Ltd A/C 1945      2,916,822
Gartmore Smaller Companies Trust Plc                                      BNY GIL CLT A/C NOMS LTD A/C LST   1,832,102
Gartmore Growth Opportunities Plc                                         BNY GIL CLT A/C NOMS LTD A/C NWSC  569,878

The Gartmore Limited Issue UK Small Cap Fund Ltd                          Goldman Sachs Nominees Ltd         500,000


5. Number of shares/amount of stock acquired:
4,000,000

6. Percentage of issued class:
4.38%

7. Number of shares/amount of stock disposed:
N/a

8. Percentage of issued class:
N/a

9. Class of security:
Ordinary shares of 0.5p each

10. Date of transaction:
7 March 2006

11. Date company informed:
8 March 2006

12. Total holding following this notification:
15,001,819

13. Total percentage holding of issued class following this notification:
16.41%

14. Any additional information:
N/a

15. Name of contact and telephone number for queries:
Steve Goalby, [phone]

16. Name of company official responsible for making this notification:
Steve Goalby, Finance Director

Date of notification:
8 March 2006


ENDS




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