Holding in Company

Cairn Energy PLC
5 October 2000

                                                                              
Notification of Shareholding - Companies Act 1985 ss.198-202 (as amended)   

On 5 October 2000 Cairn was notified by Philips & Drew Life Limited and UBS
Asset Management Holding (No.2) Limited that they no longer have a notifiable
interest in Cairn's current issued share capital.