Holding(s) in Company

Cairn Energy PLC
03 June 2004

FOR IMMEDIATE RELEASE                                                3 June 2004

                           Cairn Energy PLC ('Cairn')

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

On 2 June 2004, Cairn was notified by Fidelity International Limited and its
direct and indirect subsidiaries, being non-beneficial holders, that they had an
interest in 19,392,259 ordinary shares of 10 pence each in Cairn, representing
12.82% 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 2 June 2004 is as follows:-

REGISTERED HOLDER                                          NUMBER OF          %
                                                            SHARES

Chase Nominees Limited                                    7,088,754
Chase Manhattan Bank London                                 183,347
Mellon Nominees Limited                                     110,600
Chase Nominees Limited                                      548,400
Northern Trust                                              160,200
Chase Nominees Limited                                    1,227,116
HSBC Client Holdings Nominee (UK) Limited                 7,013,182
Chase Manhattan Bank London                                 360,644
Bank of New York London                                   1,586,916
Deutsche                                                     21,200
Northern Trust                                              480,600
State Street Nominees Limited                               175,800
Bank of New York Brussels                                    63,000
State Street Bank & Trust                                    53,300
Nortrust Nominees Ltd                                       247,900
Mellon Bank                                                  71,300
                                                         19,392,259      12.82%

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




                      This information is provided by RNS
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