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Holding in Company

21st Nov 2007 15:17

Sterling Energy PLC21 November 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Sterling Energy plc 2. Reason for notification (yes/no) An acquisition or disposal of voting rights: Yes An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to notification obligation: Mr Denis O'Brien 4. Full name of shareholder(s) (if different from 3): Baycliffe Limited (as nominee) 5. Date of transaction (and date on which the threshold is crossed or reached if different):19 November 2007 6. Date on which issuer notified: 19 November 2007 7. Threshold(s) that is/are crossed or reached: 8% 8: Notified DetailsA: Voting rights attached to shares Class/ Situation previous to Resulting situation after the triggeringtype the triggering transactionof transactionshares if Number of Number Number of Number of voting Percentage ofpossible shares of voting shares rights voting rightsuse ISIN rights Direct Indirect Direct Indirectcode GB0005299929 94,248,308 94,248,308 N/A 134,041,385 N/A 8.13% N/A B: Financial InstrumentsResulting situation after the triggering transaction Type of Expiration Exercise/ No. of voting rights that may Percentagefinancial date conversion be acquired (if the instrument of votinginstrument period/date exercised/converted) rights Total (A+B) Number of voting rights Percentage of voting rights 134,041,385 8.13% 9. Chain of controlled undertakings through which the voting rights and /or thefinancial instruments are effectively held, if applicable: Denis O'Brien holds 27,332,032 shares in his nameBaycliffe Limited holds 106,709,353 as nominee Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14 Contact name: Christopher Tushingham 15. Contact telephone name: 01624 646 846 This information is provided by RNS The company news service from the London Stock Exchange

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