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Holding(s) in Company

1st May 2007 14:06

Cairn Energy PLC01 May 2007 TR-1: notification of major interests in shares 1. Identity of the issuer or the underlying Cairn Energy plcissuer of existing shares to which voting rights are attached:-------------------------------2. Reason for the notification (please tick the appropriate box orboxes) ---------------------------------------------------An acquisition or disposal of voting rights X-------------------------------------------- -------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 the Baillie Gifford & Conotification obligation: -------------------------------4. Full name of shareholder(s) (if differentfrom 3.): -------------------------------5. Date of the transaction (and date on which 27 April 2007the threshold is crossed or reached if different):-------------------------------6. Date on which issuer notified: 30 April 2007------------------------------- 7. Threshold(s) that is/are crossed or reached: 11%------------------------------- 8. Notified details:------------------------------- A: Voting rights attached to sharesClass/type Situation previous to the Resulting situation after the triggeringof shares Triggering transaction transactionif possibleusing the Number of Number of Number Number of voting % of votingISIN CODE Shares Voting Rights of rights rights shares Direct Direct Indirect Direct IndirectOrdinary 14112306 10.82 14370905 11.02ShareGB00B1RZDL64 B: Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting rights that may % offinancial date Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rightsN/A Total (A+B)Number of voting rights % of voting rights 14370905 11.02 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:In the narrative below, the figures in ( ) indicate the amount of voting rightsand the percentage held by each controlled undertaking where relevant.Baillie Gifford & Co, a discretionary investment manager, is the parentundertaking of an investment management group.Its wholly-owned direct subsidiary undertaking Baillie Gifford Overseas Limited(1328704; 1.0%) is also a discretionary investment manager.Its wholly-owned direct subsidiary undertaking Baillie Gifford Life Limited(2950007; 2.3%) is a life assurance company which procures discretionaryinvestment management services from Baillie Gifford & Co in respect of its ownaccount shareholdings.Its wholly-owned indirect (via Baillie Gifford Life Limited) subsidiaryundertaking Baillie Gifford & Co Limited (444168; 0.3%) is an OEIC AuthorisedCorporate Director and Unit Trust Manager which has delegated its discretionaryinvestment management role to Baillie Gifford & Co. Proxy Voting: 10. Name of the proxy holder: N/A 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: Myra McIntyre Scott Russell 15. Contact telephone number: 0131 275 2154 0131 275 2106 This information is provided by RNS The company news service from the London Stock Exchange

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