Holding(s) in Company

Alkane Energy PLC
06 September 2004


                                   ALKANE ENERGY PLC

                        NOTIFICATION OF MAJOR INTEREST IN SHARES


                                                                6 September 2004
                                                           For immediate release

Alkane Energy PLC (the 'Company') received notification on Friday 3 September
2004 that Tipacs Limited has reduced its interest to 4,033,439 shares,
representing 4.49% of the issued share capital of the Company.

                                    - ENDS -





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