Holding(s) in Company

Alkane Energy PLC
28 October 2004


                                ALKANE ENERGY PLC

                    NOTIFICATION OF MAJOR INTEREST IN SHARES



                                                                 28 October 2004
                                                           For immediate release


Alkane Energy PLC (the 'Company') received notification on 27 October 2004 that
Tipacs Limited no longer has a notifiable interest in the Company's shares.


                                    - ENDS -


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