Holding(s) in Company

Cairn Energy PLC
13 June 2003


FOR IMMEDIATE RELEASE
                                                                 13 June 2003



                           Cairn Energy PLC ('Cairn')

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

On 13 June 2003, Cairn was notified by Aviva plc on behalf of it and its
subsidiary Morley Fund Management Limited that, having sold a total of 508,000
shares on 12 June 2003, the Aviva group no longer has a notifiable interest in
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 13 June 2003 is as follows:-


REGISTERED HOLDER                                         NUMBER OF          %
                                                            SHARES
                                                                            
BNY Norwich Union Nominees Ltd                           1,017,174
Chase GA Group Nominees Ltd                              2,088,918
Chase Nominees Ltd                                         177,855
CUIM Nominee Ltd                                           866,644
RBSTB Nominees Ltd                                          98,339
                                                         4,248,930        2.84




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