Directors' Holdings

Sterling Energy PLC
19 January 2007

                      Sterling Energy plc ('the Company')



                               Directors' Dealing



The Company was today informed that, pursuant to their participation in the
placing which was conditionally announced by the Company on 19 January 2007, the
following directors of the Company have increased their respective holdings in
the ordinary shares of 1 pence each ('Shares') as detailed below. All of the
Ordinary Shares were subscribed for as part of the placing at the placing price
of 16 pence ('Placing Price').


Director                                   No. of Shares     Total no. of Shares       Percentage of the
                                       subscribed for in    held pursuant to the  enlarged issued  share
                                             the Placing                 Placing                 capital
Harry Wilson*                                    150,000              28,120,092                   1.80%
Graeme Thomson                                   150,000              15,595,510                   1.00%
Andy Grosse                                      150,000               5,650,473                   0.36%
Paul Griggs                                      150,000                 300,000                   0.02%

* Mr Wilson's holding includes 17,823,802 Ordinary Shares held by Roselea
Limited, a company in which Mr. Wilson has a 26% interest and is a director.




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