Holding(s) in Company

Cairn Energy PLC
18 June 2003







FOR IMMEDIATE RELEASE

                                                                    18 June 2003


                           CAIRN ENERGY PLC ('Cairn')



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


Cairn was notified on 18 June 2003 by Deutsche Bank AG London on behalf of
Deutsche Bank AG that Deutsche Bank AG and its subsidiaries have in aggregate an
interest in 19,738,314 ordinary shares of 10 pence each in Cairn, representing
13.21% of Cairn's current issued ordinary share capital.


The registered shareholders to which this notification relates and the number of
shares held by the registered holders at the date of notification is as follows:
-

REGISTERED HOLDER                                        NUMBER OF        %
                                                            SHARES

Deutsche Bank AG London                                    448,847
Deutsche Bank AG Frankfurt                                  16,068
Morgan Nominees Limited                                  9,270,300
Morgan Nominees Limited CHY                                 55,000
Morgan Nominees Limited a/c D131                         2,317,697
Morgan Nominees Limited a/c DGR                            165,000
Morgan Nominees Limited SL                                  48,000
Bank of New York Nominees                                  695,400
BT Globenet Nominees                                       129,000
Channel Nominees                                            25,700
Chase Nominees                                           1,160,900
Clydesdale Bank Custodian Nominees                         428,738
Deutsche Bank International Ltd                              7,815
HSBC Global Custody Nominees (UK)                          174,000
Lloyds Bank Nominees                                         1,600
Master Trust Bank of Japan                                     800
Nortrust Nominees                                          927,687
RBSTB Nominees                                              14,000
RBSTB Nominees A/c RTLDN                                    72,000
State Street Nominees                                    3,726,862
Tokyo Trust                                                 52,900
                                                        19,738,314       13.21







                      This information is provided by RNS
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