Holding in Company

Alkane Energy PLC
30 August 2005


ALKANE ENERGY PLC (the 'Company')

30 AUGUST 2005

NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Name of Company:
Alkane Energy plc

2. Name of shareholder having a major interest:
Montanaro UK Smaller Companies Investment Trust plc

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
Persons in 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of 
shares held by each of them:
HSBC Global Custody Nominee (UK) Limited (a/c 865752)

5. Number of shares/amount of stock acquired:
400,000

6. Percentage of issued class:
0.44%

7. Number of shares/amount of stock disposed:
N/a

8. Percentage of issued class:
N/a

9. Class of security:
Ordinary shares of 0.5p each

10. Date of transaction:
25 August 2005

11. Date company informed:
26 August 2005

12. Total holding following this notification:
TOTAL 2,900,000

13. Total percentage holding of issued class following this notification:
TOTAL 3.19%

14. Any additional information:
N/a

15. Name of contact and telephone number for queries:
Steve Goalby, [phone]

16. Name of company official responsible for making this notification:
Steve Goalby, Finance Director

Date of notification:
30/08/05

ENDS







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