Holding in Company

Asia Energy PLC
29 October 2004

                          Asia Energy Plc ('Company')

                      Notification of significant holding

29 October 2004

Under sections 198 to 202 of the Companies Act 1985 and rule 15 of the AIM
Rules, the following information falls to be disclosed:

The Company was notified on 29 October 2004 that Morgan Stanley Securities
Limited no longer hold a notifiable interest in the issued share capital of the
Company.


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            The company news service from the London Stock Exchange