Holding in Company

Cairn Energy PLC
22 August 2000

On 22 August 2000 Cairn was notified under Sections 198-202 of the Companies
Act 1985 (as amended) that on 18 August 2000 Standard Life Investments
purchased on behalf of Standard Life Group 100,000 Ordinary Shares of 10p each
in the share capital of Cairn, increasing its total holding to 4,509,469
shares. This represents 3.067% of Cairn's current issued ordinary share
capital.

The registered holder to which this notification relates and the number of
shares held by the registered holder is as follows:-


REGISTERED HOLDER                             NUMBER OF SHARES

Stanlife Nominees Limited                         4,509,469