Holding(s) in Company

Cairn Energy PLC
07 March 2005


FOR IMMEDIATE RELEASE
                                                                                                                    7 
March 2005


Cairn Energy PLC ('Cairn')

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

On 4 March 2005, Cairn was notified by FMR Corp. and its direct and indirect
subsidiaries and by Fidelity International  Limited and its direct and indirect
subsidiaries, being non-beneficial holders, that they had an interest in
23,865,337  ordinary shares of 10 pence each in Cairn, representing 15.01% 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 4 March 2005 are as follows:-

REGISTERED HOLDER                            NUMBER OF SHARES        PERCENTAGE

Bank of New York Europe LDN                            435,650
JP Morgan, Bournemouth                                 761,179
Brown Bros Harrimn Ltd LUX                           6,512,335
Northern Trust London                                   26,130
JP Morgan, Bournemouth                              12,718,920
Brown Bros Harriman and Co                             525,300
Bank of New York Brussels                              740,400
Clydesdale Bank PLC                                     27,300
HSBC Bank PLC                                           98,600
JP Morgan, Bournemouth                                 718,016
Mellon Bank                                            152,700
Northern Trust London                                  812,607
State Street Bank and Trust Co LNDN                    336,200

TOTAL                                               23,865,337           15.01%

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




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