Holding(s) in Company

Cairn Energy PLC
09 September 2003






FOR IMMEDIATE RELEASE

                                                                9 September 2003



                           Cairn Energy PLC ('Cairn')


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



On 8 September 2003, Cairn was notified by Fidelity International Limited and
its direct and indirect subsidiaries, being non-beneficial holders, that they
had an interest in 15,272,843 ordinary shares of 10 pence each in Cairn,
representing 10.21% 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 8 September 2003 is as follows:-

REGISTERED HOLDER                                         NUMBER OF
                                                            SHARES
                                                                             %

Chase Nominees Limited                                    3,764,385
Chase Manhattan Bank London                                 190,237
Mellon Nominees Limited                                      63,800
Chase Nominees Limited                                      304,546
Northern Trust                                               24,100
HSBC                                                         13,300
Chase Nominees Limited                                      300,800
HSBC Client Holdings Nominee (UK) Limited                 8,527,345
Chase Manhattan Bank London                                 248,164
Bank of New York London                                     951,600
Deutsche                                                    320,600
Northern Trust                                              376,966
State Street Nominees Limited                               110,700
Bank of New York Brussels                                    14,300
State Street Bank & Trust                                    38,600
Nortrust Nominees Ltd                                        23,400
                                                         15,272,843      10.21%


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







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