Holding in Company

Alkane Energy PLC
21 November 2005



ALKANE ENERGY PLC (the 'Company')

21 NOVEMBER 2005

NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Name of Company:

Alkane Energy plc

2. Name of shareholder having a major interest:

Gartmore Investment Limited and Gartmore Fund Managers 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

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:

Number of Shares          Beneficial Owners Name                               Registered
4,417,799                 Gartmore Fund Managers Limited                       HSBC Global Custody Nominee UK Ltd
201,877                   The Gartmore Limited Issue UK Small Cap Fund Ltd     Goldman Sachs Nominees Limited
2,259,424                 Strathclyde Pension Fund                             Nortrust Nomineees Limited
1,904,945                 The Alphagen Volantis Fund Limited                   Vidacos Nominees Ltd A/c 1945
1,070,129                 Gartmore Smaller Companies Trust Plc                 BNY GIL CLT A/C NOMS LTD A/C LST
461,459                   Gartmore Growth Opportunities Plc                    BNY GIL CLT A/C NOMS LTD A/C NWSC

5. Number of shares/amount of stock acquired:

255,722

6. Percentage of issued class:

0.28%

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:

10 November 2005

11.Date company informed:

14 November 2005

12.Total holding following this notification:

10,315,633

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

11.32%

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:

21/11/05


ENDS




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