Holding(s) in Company

Cairn Energy PLC
26 August 2003






FOR IMMEDIATE RELEASE


26 August 2003





                           Cairn Energy PLC ('Cairn')


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



On 25 August 2003, Cairn was notified by Fidelity International Limited and its
direct and indirect subsidiaries, being non-beneficial holders, that they had an
interest in 14,687,293 ordinary shares of 10 pence each in Cairn, representing
9.82% 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 25 August 2003 is as follows:-

REGISTERED HOLDER                                    NUMBER OF
                                                     SHARES
                                                                             %

Chase Nominees Limited                                     3,617,785
Chase Manhattan Bank London                                  176,037
Mellon Nominees Limited                                       63,800
Chase Nominees Limited                                       180,396
Chase Nominees Limited                                       219,800
HSBC Client Holdings Nominee (UK) Limited                  8,527,345
Chase Manhattan Bank London                                  224,694
Bank of New York London                                      919,800
Deutsche                                                     320,600
Northern Trust                                               251,966
State Street Nominees Limited                                110,700
Bank of New York Brussels                                     54,400
State Street Bank & Trust                                     19,700
                                                          14,687,293      9.82%


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







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