Holding(s) in Company

Alkane Energy PLC
21 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


ENERGY (CG) 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


ENERGY (CG) LIMITED



5. Number of shares / amount of stock acquired


NIL



6. Percentage of issued class


N/A




7. Number of shares / amount of stock disposed


940,727 (Representing 29.14% of their holding)



8. Percentage of issued class


1.04%



9. Class of security


ORDINARY   0.5 PENCE  SHARES



10. Date of transaction


20 JANUARY 2003



11. Date company informed


20 JANUARY 2003




12. Total holding following this notification


2,287,455



13. Total percentage holding of issued class following this notification


2.55%



14. Any additional information


NONE



15. Name of contact and telephone number for queries


JULIE V DAWES, COMPANY SECRETARY



DIRECT DIAL:  01623 827920



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


JULIE V DAWES, COMPANY SECRETARY




Date of notification


21 JANUARY 2003




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