Holding(s) in Company

Sterling Energy PLC
26 January 2007




                      Sterling Energy PLC (the 'Company')
                              Holding in Company


The Company received a notification on 25 January 2007 from MassMutual Financial
Group on behalf of The Massachusetts Mutual Life Insurance Company
('MassMutual') that, as at 22 January 2007, MassMutual's subsidiary
OppenheimerFunds, Inc, had an interest in 60,000,000 ordinary shares of 1p each
in the Company ('Ordinary Shares'). This interest represents approximately 3.83
per cent. of the issued ordinary share capital of the Company, being
1,566,200,558 Ordinary Shares.


26 January 2007



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