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Asia Energy PLC (GCM)

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Tuesday 21 December, 2004

Asia Energy PLC

Holding in Company

Asia Energy PLC
21 December 2004

                            Asia Energy plc ('the Company')

                         Notification of significant holding

21 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 20th December 2004 that Fidelity International
Limited and its direct and indirect subsidiaries along with Fidelity Management
Research Company and its direct and indirect subsidiaries, have an interest in
1,581,697 Ordinary Shares of 10p each in the Company.  This represents 4.13% of
the issued share capital of the Company.

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