Holding(s) in Company

Alkane Energy PLC
26 July 2007

Alkane Energy Plc



26 July 2007



Holding in Company



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):



Alkane Energy Plc



2. Reason for the notification (please state Yes/No):



An acquisition or disposal of voting rights:                     YES



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:
NO



An event changing the breakdown of voting rights:         NO



Other (please specify):                                    NO



3. Full name of person(s) subject to the notification obligation (iii):



UBS AG London Branch



4. Full name of shareholder(s) (if different from 3.) (iv):



N/A



5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):



23 July 2007



6. Date on which issuer notified:



25 July 2007



7. Threshold(s) that is/are crossed or reached:



5.86%



8. Notified details:


A: Voting rights attached to shares


Class/type of     Situation previous to    Resulting situation after the triggering transaction vii
shares            the triggering           Number of   Number of voting       % voting rights
                  transaction vi           shares      rights
If possible using Number of    Number of   Direct      Direct x   Indirect xi Direct   Indirect
the ISIN code     shares       voting
                               rights viii

GB0003286613      1,925,000    1,925,000   5,384,971  5,384,971       -        5.86        -

  








B: Financial Instruments
Resulting situation after the triggering transaction xii


Type of         Expiration    Exercise/Conversion      Number of voting rights   % voting rights
financial       date xiii     Period/Date xiv          that may be acquired if
                                                       this instrument is
instrument                                             exercised/converted
       -              -                  -                         -                      -




Total (A+B)
Number of voting rights                         % of voting rights
5,384,971                                       5.86



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



UBS AG London Branch



Proxy Voting:



10. Name of the proxy holder:



N/A



11. Number of voting rights proxy holder will cease to hold:



N/A



12. Date on which proxy holder will cease to hold voting rights:



N/A



13. Additional information:



N/A



14. Contact name:



Susanne Steyn



15. Contact telephone number:



0207 567 6116



ENDS






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