Share Price Movement

Alkane Energy PLC
08 July 2005


ALKANE ENERGY PLC

8 JULY 2005


SHARE PRICE MOVEMENT


Alkane Energy plc notes the recent movement in the Company's share price.  The
Directors are not aware of any reason for the movement.  The Company is trading
in line with its recent trading statements.


Enquiries:


Alkane Energy plc                                Buchanan Communications


Dr Cameron Davies, Chief Executive               Eric Burns, Account Director
Tel: [phone]                                Tel: [phone]








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