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Asia Energy PLC (GCM)

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Monday 13 December, 2004

Asia Energy PLC

Holding in Company

Asia Energy PLC
13 December 2004

                        Asia Energy plc ('the Company')

                      Notification of significant holding

13 December 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 10 December 2004 that Fidelity International Limited
and its direct and indirect subsidiaries along with FMR Corp. and its direct and
indirect subsidiaries have an interest in 1,189,097 Ordinary Shares of 10p each
in the Company.  This represents 3.11% of the issued share capital of the

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