Holding(s) in Company

Cairn Energy PLC
18 March 2005


FOR IMMEDIATE RELEASE                                             18 March 2005


Cairn Energy PLC ('Cairn')

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

On 18 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 23,848,637 ordinary shares of 10 pence each in Cairn, representing 14.98% 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 18 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                              12,715,920
Brown Bros Harriman and Co                             525,300
Bank of New York Brussels                              735,300
Clydesdale Bank PLC                                     27,300
HSBC Bank PLC                                           75,600
JP Morgan, Bournemouth                                 618,516
Mellon Bank                                            152,700
Northern Trust London                                  751,207
State Street Bank and Trust Co LNDN                    511,500

                                 TOTAL              23,848,637           14.98%

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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