Holding(s) in Company

Alkane Energy plc

("Alkane" or "the Company")

Notification of Major Interest in Shares

The Company has received notification from Henderson Global Investors ("Henderson") informing it that they currently hold 28,312,968 ordinary shares of 0.5 pence each in the share capital of the Company ("Ordinary Shares"), representing 22.9% of the voting rights of the Company that currently stands at 123,585,247 Ordinary Shares. No treasury shares are held by the Company.