Holding(s) in Company

Asia Energy PLC
22 May 2006

                          Asia Energy plc ('Company')


Notification of significant holding

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 22 May 2006 that RAB Capital plc, acting as
investment manager for a number of funds, had acquired a further interest in the
shares of the Company resulting in a total holding of 7,301,166 Ordinary Shares
of 10p each in the Company.  This represents 14.97% of the issued share capital
of the Company.



22 May 2006




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