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Asia Energy PLC (GCM)

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Thursday 08 December, 2005

Asia Energy PLC

Holding(s) in Company

Asia Energy PLC
08 December 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 8 December 2005 that UBS AG and its subsidiary
companies have acquired a further interest in the shares of the Company
resulting in a total holding of 4,921,306 Ordinary Shares of 10p each in the
Company.  This represents 10.86% of the issued share capital of the Company.

8 December 2005

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