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Holding(s) in Company

16th May 2007 16:21

Cairn Energy PLC16 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 Halbis Capital Management (Hongnotification obligation: Kong) Limited------------------------------- --------------------4. Full name of shareholder(s) (if different N/Afrom 3.): ---------------------------------------------------5. Date of the transaction (and date on which 23 April 2007the threshold is crossed or reached if --------------------different):-------------------------------6. Date on which issuer notified: 15 May 2007------------------------------- --------------------7. Threshold(s) that is/arecrossed or reached: 4.00%------------------------------- --------------------8. Notified details: Notification of interest in------------------------------- shares -------------------- A: Voting rights attached to sharesClass/type Situation previous to Resulting situation after the triggeringof shares the 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 Indirect GB0032399312 - 5,078,497 - - 5,223,443 - 4.00% 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. rights Total (A+B)Number of voting rights % of voting rights 5,223,443 4.00% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the 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: Derek Fung (Associate Director, Compliance) 15. Contact telephone number: 852 2284 1279 This information is provided by RNS The company news service from the London Stock Exchange

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