Holding(s) in Company

Cairn Energy PLC
14 July 2004




FOR IMMEDIATE RELEASE                                              14 July 2004



                           Cairn Energy PLC ('Cairn')

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

On 13 July 2004, Cairn was notified by Fidelity International Limited and its
direct and indirect subsidiaries, being non-beneficial holders, that they had an
interest in 18,959,082 ordinary shares of 10 pence each in Cairn, representing
11.93% 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 13 July 2004 is as follows:-

REGISTERED HOLDER                                         NUMBER OF         %
                                                           SHARES

Chase Nominees Limited                                    7,088,754
Chase Manhattan Bank London                                 146,470
Mellon Nominees Limited                                     110,600
Chase Nominees Limited                                      423,543
Northern Trust                                              153,806
Chase Nominees Limited                                    1,179,265
HSBC Client Holdings Nominee (UK) Limited                 6,731,987
Chase Manhattan Bank London                                 367,351
Bank of New York London                                   1,565,842
Deutsche                                                     21,200
Northern Trust                                              472,408
State Street Nominees Limited                               175,800
Bank of New York Brussels                                    59,893
State Street Bank & Trust                                    52,520
Nortrust Nominees Ltd                                       337,759
Mellon Bank                                                  71,884
                                                         18,959,082      11.93%

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




                      This information is provided by RNS
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