Holding in Company

Alkane Energy PLC
30 November 2005

ALKANE ENERGY PLC (the 'Company')

30 NOVEMBER 2005

NOTIFICATION OF MAJOR INTEREST IN SHARES



The Company has today received notification of the following major interest in
shares.  This acquisition of shares took place prior to the sale of shares 
announced on 29 November 2005.


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:

Number of Shares             Beneficial Owners Name                             Registered
4,796,844                    Gartmore Fund Managers Limited                     HSBC Global Custody Nominee UK Ltd
201,877                      The Gartmore Limited Issue UK Small Cap Fund Ltd   Goldman Sachs Nominees Limited
2,481,898                    Strathclyde Pension Fund                           Nortrust Nominees Limited
1,904,945                    The Alphagen Volantis Fund Limited                 Vidacos Nominees Ltd A/c 1945
1,194,297                    Gartmore Smaller Companies Trust Plc               BNY GIL CLT A/C NOMS LTD A/C LST
510,772                      Gartmore Growth Opportunities Plc                  BNY GIL CLT A/C NOMS LTD A/C NWSC

5. Number of shares/amount of stock acquired:
395,955

6. Percentage of issued class:
0.43%

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:
22 November 2005

11. Date company informed:
30 November 2005

12. Total holding following this notification:
11,090,633

13. Total percentage holding of issued class following this notification:
12.15%

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:
30/11/05


ENDS




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