Holding in Company

Cairn Energy PLC
6 June 2001

6 June 2001


                          Cairn Energy PLC ('Cairn')


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


On 6 June 2001, Cairn was notified by Legal & General Investment Management
Limited that it now holds an interest in 4,382,665 Ordinary Shares of 10p each
in Cairn, representing 2.97% of Cairn's current issued ordinary share capital.
  The registered holders to which this notification relates and the number of
shares held by those registered holders as at 5 June 2001 is as follows:-


                                                             NUMBER OF
REGISTERED HOLDER                                               SHARES

HSBC Global Custody Nominee (UK) Ltd A/c 887711                538,074
HSBC Global Custody Nominee (UK) Ltd A/c 775245                676,703
HSBC Global Custody Nominee (UK) Ltd A/c 360509                 84,978
HSBC Global Custody Nominee (UK) Ltd A/c 357206              2,815,802
HSBC Global Custody Nominee (UK) Ltd A/c 363605                155,108
HSBC Global Custody Nominee (UK) Ltd A/c 866203                112,000
                                                             4,382,665    2.97%