Holding(s) in Company

Cairn Energy PLC
24 July 2007



TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying      Cairn Energy PLC
issuer of existing shares to which voting rights --------------------
are attached:
-------------------------------
2. Reason for the notification (please tick the appropriate box or
boxes)                                                                  -------
--------------------------------------------
An acquisition or disposal of voting rights                              X
--------------------------------------------                             -------
An acquisition or disposal of financial instruments which may result in  
the acquisition of shares already issued to which voting rights are      -------
attached
--------------------------------------------
An event changing the breakdown of voting rights
--------------------------------------------                             -------
Other (please specify):__________________________________________        
--------------------------------------------                             -------
3. Full name of person(s) subject to the         HSBC Investments (Singapore)
notification obligation:                         Limited
-------------------------------                  --------------------
4. Full name of shareholder(s) (if different     N/A
from 3.):                                        --------------------
-------------------------------
5. Date of the transaction (and date on which    18 July 2007
the threshold is crossed or reached if           --------------------
different):
-------------------------------
6. Date on which issuer notified:                23 July 2007
-------------------------------                  --------------------
7. Threshold(s) that is/are crossed or
reached:                                               4.07%
-------------------------------                  --------------------
8. Notified details:                             Notification of Interest in
-------------------------------                  shares
                                                 --------------------




A: Voting rights attached to shares
Class/type   Situation previous to    Resulting situation after the triggering
of shares    the Triggering           transaction
             transaction
if possible
using the    Number of Number of      Number Number of voting    % of voting
ISIN CODE    Shares    Voting Rights  of     rights              rights
                                      shares
                                      Direct Direct Indirect     Direct Indirect
Ordinary           -      5,062,613      -      -    5,322,513      -     4.07%
Share
GB0032399312



B: Financial Instruments
Resulting situation after the triggering transaction
Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights


Total (A+B)
Number of voting rights                      % of voting rights
         5,322,513                                4.07




9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

15. Contact telephone number:

Annex Notification Of Major Interests In Shares xvi

A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities)   HSBC Investments (
                                                      Singapore) Limited
Contact address (registered office for legal          21 Collyer Quay #13-02
entities)
                                                      HSBC Building, Singapore
                                                      049320
                                                      Singapore
Phone number                                          65 6530 2828
Other useful information (at least legal
representative for legal persons)

B: Identity of the notifier, if applicable
Full name                                   Derek Fung
Contact address                             L22 HSBC Main Building
                                            No.1 Queen's Road
                                            Central, Hong Kong
Phone number                                852 2284 1279
Other useful information (e.g. functional   Associate Director, Compliance
relationship with the person or legal
entity subject to the notification
obligation)
                                            HSBC Investments (Hong Kong) Limited
                                            as Authorised Person for HSBC
                                            Investments (Singapore) Limited.

C: Additional information










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