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Asia Energy PLC (GCM)

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Friday 27 May, 2005

Asia Energy PLC

Holding(s) in Company

Asia Energy PLC
27 May 2005


                        Asia Energy plc ('the 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 27 May 2005 that Fidelity International Limited and
its direct and indirect subsidiaries  along with Fidelity Management Research
Company, and its direct and indirect subsidiaries, have acquired a further 
interest in the shares of the Company resulting in a total holding of 3,697,451
Ordinary Shares of 10p each in the  Company. This represents 9.26 % of the
issued share capital of the Company.

The above holding is registered as follows:

Registered Holder                                                      Holding
-------------------                                                    ---------
Brown Bros Harriman and Co                                              60,300
Brown Bros Harriman Ltd Lux                                          1,207,800
State Street Bank and Tr Co London                                      75,800
Mellon Bank N.A.                                                     1,759,851
Bank of New York Brussels                                               41,000
Citibank London                                                        133,800
JP Morgan Bournemouth                                                  418,900
                                                                 ---------------

                                                Total                3,697,451

The Company was notified on 27 May 2005 that Deutsche Bank AG and its subsidiary
companies no longer hold a notifiable  interest in the issued share capital of
the Company.

27 May 2005






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