Holding(s) in Company

Cairn Energy PLC
25 September 2003



FOR IMMEDIATE RELEASE

                                                              25 September 2003

                           Cairn Energy PLC ('Cairn')

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

On 24 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 18,865,361 ordinary shares of 10 pence each in Cairn,
representing 12.61% 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 24 September 2003 is as follows:-
  
REGISTERED HOLDER                                          NUMBER OF
                                                             SHARES       %

Chase Nominees Limited                                    5,661,414
Chase Manhattan Bank London                                 190,237
Mellon Nominees Limited                                      63,800
Chase Nominees Limited                                      615,464
Northern Trust                                               96,600
HSBC                                                         37,800
Chase Nominees Limited                                      917,668
HSBC Client Holdings Nominee (UK) Limited                 8,527,345
Chase Manhattan Bank London                                 430,567
Bank of New York London                                   1,024,600
Deutsche                                                    320,600
Northern Trust                                              484,166
State Street Nominees Limited                               110,700
Bank of New York Brussels                                    52,000
State Street Bank & Trust                                   146,800
Nortrust Nominees Ltd                                       185,600
                                                         18,865,361      12.61%


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





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