Holding(s) in Company

Cairn Energy PLC
01 February 2007


FOR IMMEDIATE RELEASE

1 February 2007

                           Cairn Energy PLC ('Cairn')

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

Cairn was notified on 1 February 2007 by Halbis Capital Management (Hong Kong)
Limited that they had an interest in  5,167,200 ordinary shares of 10 pence each
in Cairn, representing approximately 3.22% of Cairn's current issued  ordinary
share capital.


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