Holding(s) in Company

Steppe Cement Limited
01 February 2006


Steppe Cement Limited
Sale of Shares by Significant Shareholder

Pursuant to AIM Rule 17 Steppe Cement Limited ('the Company') advises that
Significant Shareholder, the Family of David Crichton-Watt, has advised the
Company it sold a total of 1,454,000 shares in the Company through the market
on 31 January 2006 at prices ranging from £1.30 to £1.32 per share. As such this
Significant Shareholder has reduced its interest in Steppe Cement Limited from
33.9%% to 28.5% (current interest adjusted for the dilution arising from the
placing of 14 million shares announced on 30 January 2006).




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