Plectrum (correction of 2.5)

Cairn Energy PLC 14 September 2007 Not for release, publication or distribution, in whole or in part, in or into or from the United States, Canada, Australia, Japan or any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction Capricorn Oil & Gas Limited (a subsidiary of Cairn Energy PLC) ('Capricorn') offer for Plectrum Energy ('Plectrum') correction of 2.5 Announcement The following news release replaces and corrects the previous Capricorn Oil & Gas Limited 2.5 news release made on Friday 7 September in relation to the level of irrevocable undertakings disclosed. The irrevocable undertaking from Mr M Evans disclosed in the 2.5 announcement made on Friday 7 September should read 7,451,504 Plectrum shares, equating to approximately 4.1 per cent. of issued share capital as at 6 September 2007 and not 7,551,504 as previously disclosed. The irrevocable undertaking from Mr T Lenehan disclosed in the 2.5 announcement made on Friday 7 September should read 1,201,371 Plectrum shares, equating to approximately 0.7 per cent. of issued share capital as at 6 September 2007 and not 1,701,371 as previously disclosed. Capricorn has received irrevocable undertakings with respect to 42,073,391 Plectrum shares equating to approximately 23.3 per cent. of Plectrum's existing issued share capital and has acquired 53,540,000 Plectrum Shares, representing 29.7 per cent. of Plectrum's existing issued share capital. Accordingly, Capricorn has acquired or has received irrevocable undertakings in respect of, in aggregate, 95,613,391 Plectrum shares, representing approximately 53.0 per cent. of Plectrum's existing issued share capital. ENQUIRIES For further information contact: Cairn/Capricorn Mike Watts 0131 475 3000 Jann Brown Simon Thomson Jefferies International Richard Kent 020 7618 3713 Jefferies International, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting as financial adviser to Cairn and Capricorn in connection with the Offer and no-one else and will not be responsible to anyone other than Cairn and Capricorn for providing the protections afforded to customers of Jefferies International or for providing advice in relation to the Offer. This information is provided by RNS The company news service from the London Stock Exchange
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