Holding in Company

Cairn Energy PLC
11 October 2000

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

On 11 October 2000 Cairn was notified by Fidelity International Limited that,
following the purchase of 850,700 shares, it and its direct and indirect
subsidiaries had an interest in 6,259,937 Ordinary Shares of 10 pence each in
Cairn, representing 4.26% of Cairn's current issued ordinary share capital.

The registered shareholders to which this notification relates and the number
of shares held by the registered holders at the date hereof is as follows:-


     REGISTERED HOLDER                                  NUMBER OF SHARES
     
       
    Clydesdale Bank (Head Office) Nominees Limited         5,853,900
    Clydesdale Bank (Head Office) Nominees Limited           406,037
     

The notifiable interests also comprise the notifiable interest of Mr Edward C.
Johnson 3rd, principal shareholder of Fidelity International Limited.