Holding(s) in Company

Sterling Energy PLC 26 September 2003 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) NAME OF COMPANY STERLING ENERGY PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST WESTMOUNT ENERGY LIMITED 3) Please state whether notification indicates that it is in respect of holding of the Shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 AS IN 2 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. WESTMOUNT ENERGY LIMITED 5) Number of shares/amount of stock acquired. 71,375,000 6) Percentage of issued Class 15.86 PER CENT 7) Number of shares/amount of stock disposed 8) Percentage of issued Class 9) Class of security ORD 1P EACH 10) Date of transaction 19 SEPTEMBER 2003 11) Date company informed 26 SEPTEMBER 2003 12) Total holding following this notification 76,875,000 13) Total percentage holding of issued class following this notification 17.09 PER CENT. 14) Any additional information 15) Name of contact and telephone number for queries GRAEME THORNSON - 01582 463 141 16) Name and signature of authorised company official responsible for making this notification Date of Notification 26 SEPTEMBER 2003 This information is provided by RNS The company news service from the London Stock Exchange

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