Holding(s) in Company

Cairn Energy PLC
20 March 2002



20 March 2002



                           Cairn Energy PLC ('Cairn')

   Notification of Shareholding - Companies Act 1985 ss.198-202 (as amended)


On 19 March 2002, Cairn was notified by Fidelity International Limited that it
and its direct and indirect subsidiaries had an interest in 14,206,737 Ordinary
Shares of 10p each in Cairn, representing 9.58% of Cairn's current issued
ordinary share capital.


The registered holders to which this notification relates and the number of
shares held by those registered holders as at 19 March 2002 is as follows:-

                                                      NUMBER OF
REGISTERED HOLDER                                      SHARES              %

Chase Nominees Limited                                7,955,800
Mellon Nominees Limited                                  61,000
Chase Nominees Limited                                  769,337
HSBC Client Holdings Nominee (UK) Limited             5,100,000
Chase Manhattan Bank London                              41,000
Bank of New York London                                 264,200
Deutsche                                                 15,400
                                                     14,206,737        9.58%


The notifiable interests also comprise the notifiable interest of Mr Edward C.
Johnson 3rd, principal shareholder of Fidelity International Limited.




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