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Directors' Holdings

19th Jan 2007 14:20

Sterling Energy PLC19 January 2007 Sterling Energy plc ("the Company") Directors' Dealing The Company was today informed that, pursuant to their participation in theplacing which was conditionally announced by the Company on 19 January 2007, thefollowing directors of the Company have increased their respective holdings inthe ordinary shares of 1 pence each ("Shares") as detailed below. All of theOrdinary Shares were subscribed for as part of the placing at the placing priceof 16 pence ("Placing Price"). Director No. of Shares Total no. of Shares Percentage of the subscribed for in held pursuant to the enlarged issued share the Placing Placing capitalHarry Wilson* 150,000 28,120,092 1.80%Graeme Thomson 150,000 15,595,510 1.00%Andy Grosse 150,000 5,650,473 0.36%Paul Griggs 150,000 300,000 0.02% * Mr Wilson's holding includes 17,823,802 Ordinary Shares held by RoseleaLimited, a company in which Mr. Wilson has a 26% interest and is a director. This information is provided by RNS The company news service from the London Stock Exchange

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