Holding(s) in Company

Alkane Energy PLC 17 March 2008 Alkane Energy Plc 17 March 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Alkane Energy Plc 2. Reason for the notification (please state Yes/No): An acquisition or disposal of voting rights: Yes An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: No An event changing the breakdown of voting rights: No Other (please specify): No 3. Full name of person(s) subject to the notification obligation (iii): Barclays PLC 4. Full name of shareholder(s) (if different from 3.) (iv): Barclays Stockbrokers Ltd Gerrard Investment Management Ltd 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 13-Mar-08 6. Date on which issuer notified: 14-Mar-08 7. Threshold(s) that is/are crossed or reached: 6% to 5% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to Resulting situation after the triggering transaction vii shares the triggering Number of Number of voting % voting rights transaction vi shares rights If possible using Number of Number of Direct Direct x Indirect xi Direct Indirect the ISIN code shares voting rights viii Ordinary Shares 5,845,484 5,845,484 5,428,994 0 5,428,994 0.00 5.91% GB0003286613 B: Financial Instruments Resulting situation after the triggering transaction xii Type of Expiration Exercise/Conversion Number of voting rights % voting rights financial date xiii Period/Date xiv that may be acquired if this instrument is instrument exercised/converted - - - - - Total (A+B) Number of voting rights % of voting rights 5,428,994 5.91 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Barclays Stockbrokers Ltd Gerrard Investment Management Ltd Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: N/A 14. Contact name: Geoff Smith 15. Contact telephone number: 020 7116 2913 This information is provided by RNS The company news service from the London Stock Exchange
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