Holding in Company

Alkane Energy PLC
27 June 2001



Letter to Alkane Energy plc

In accordance with Sections 198-202 of the Companies Act 1985 (as amended), we
write on behalf of Deutsche Bank AG to inform you that, on the basis that the
relevant issued share capital of your company is 89,627,899 ordinary shares,
Deutsche Bank AG and its subsidiary companies has a notifiable interest in the
shares of 10.94%. The total interest is in 9,806,021 shares registered in the
names and in the amounts as set out in the Schedule below.

Companies within the Group acting as Fund Managers hold some of the shares on
behalf of a number of clients whose portfolios are managed on a discretionary
basis.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which
Deutsche Bank AG London is a branch.


Contact Cheryl Slater or David Lindsay 
London Compliance Department
Deutsche Bank AG.

Letter from Deutsche Bank AG


SCHEDULE


                               ALKANE ENERGY PLC
                             ORDINARY £0.005 SHARES

AUTHORISED SIGNATORY


                                                        
                                                                      
Registered Holders                                       No of Shares   

Morgan Nominees Limited                                     2,224,504
Morgan Nominees Limited Account D131                        5,571,326
RBSTB Nominees                                              2,010,191

 TOTAL                                                      9,805,021


NOTE: The shares comprised under this notification may, from time to time, be
the subject of a stock lending agreement resulting in a change in registration
but not in DBAG's interest in the shares.


27 June 2001