Holding(s) in Company

Alkane Energy PLC
24 April 2006


ALKANE ENERGY PLC (the 'Company')
24 APRIL 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

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
The Alphagen Volantis Fund Limited Vidacos Nominees Ltd A/C 1945      3,966,822

5. Number of shares/amount of stock acquired:
1,300,000

6. Percentage of issued class:
1.42%

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:
20 April 2006

11. Date company informed:
24 April 2006

12. Total holding following this notification:
3,966,822

13. Total percentage holding of issued class following this notification:
4.34%

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:
24 April 2006

ENDS




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