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Asia Energy PLC (GCM)

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Tuesday 12 October, 2004

Asia Energy PLC

Holdings in Company

Asia Energy PLC
12 October 2004

                        Asia Energy plc ('the Company')

                      Notification of significant holdings



12 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 11 October 2004 that Morgan Stanley Securities
Limited has an interest in 1,170,000 Ordinary Shares of 10p each in the Company.
This represents 3.08% of the issued share capital of the Company.



The Company was notified on 11 October 2004 that Framlington Investment
Management Limited has an interest in 4,323,000 Ordinary Shares of 10p each in
the Company.  This represents 11.40% of the issued share capital of the Company.



                      This information is provided by RNS
            The company news service from the London Stock Exchange