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Asia Energy PLC (GCM)

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Friday 24 June, 2005

Asia Energy PLC

Holding(s) in Company

Asia Energy PLC
24 June 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 22 June 2005 that L-R Global Partners L.P and L-R 
Global Fund Ltd have an interest in 1,824,087 Ordinary Shares of 10p each in the 
Company. This represents 4.57% of the issued share capital of the Company.

24 June 2005

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