Holding(s) in Company

Alkane Energy PLC
02 January 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company

ALKANE ENERGY PLC


2. Name of shareholder having a major interest

TIPACS 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

SHAREHOLDER AS NAMED ABOVE


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

TIPACS LIMITED


5. Number of shares / amount of stock acquired

686,237


6. Percentage of issued class

0.77%


7. Number of shares / amount of stock disposed

NIL


8. Percentage of issued class

NIL


9. Class of security

ORDINARY  0.5 PENCE  SHARES


10. Dates of transactions

17 DECEMBER, 19 DECEMBER & 23 DECEMBER 2002


11. Date company informed

30 DECEMBER 2002


12. Total holding following these notifications

4,805,439


13. Total percentage holding of issued class following this notification

5.36%


14. Any additional information

NONE


15. Name of contact and telephone number for queries

S. V GOALBY, FINANCE DIRECTOR, TEL: [phone]


16. Name and signature of authorised company official responsible for making
this notification

S. V. GOALBY, FINANCE DIRECTOR


Date of notification

02 JANUARY 2003


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