Holding(s) in Company

Sterling Energy PLC
03 October 2006


                      Sterling Energy PLC (the 'Company')


                                Holding in Company



The Company has been informed by AMVESCAP PLC ('AMVESCAP') that AMVESCAP and
subsidiary companies, on behalf of discretionary clients, are interested in
394,941,967 Ordinary Shares of 1p each, representing 28.15 per cent. of the
issued share capital of the Company.


The Company was also notified by AMVESCAP that INVESCO Perpetual UK Investment
Series (UK ICVC) are the beneficial owner of 255,558,099 Ordinary Shares
representing 18.21 per cent. of the issued share capital of the Company, which
is included in the above total.


3 October 2006


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