Holding in Company

LEPCO plc
2 August 2001


        Disclosure of interest in shares and notifications of dealings

                    under The Stock Exchange requirements


                     DEALINGS BY SUBSTANTIAL SHAREHOLDERS




1.     NAME OF COMPANY


        Lepco plc

2.     NAME OF SHAREHOLDER HAVING A SUBSTANTIAL INTEREST


        Endeavour Oil and Gas Limited Partnership

        3.     Please state whether notification indicates that it is in
        respect of holding of the Shareholder named in 2 above or in respect
        of a non-beneficial interest or in the case of an individual holder if
        it is a holding of that person's spouse or children under the age of
        18.

        Endeavour Oil and Gas Limited Partnership.

        4.     Name of the registered holder(s) and, if more than one holder,
        the number of shares held by each of them.

        Teawood Nominees Limited 4,728,500

        Park Resources Limited 5,612,372.

5.     Number of shares/amount of stock acquired


        8,539,872

6.     (%) of Issued Class


        24.2 per cent

7.     Number of shares/amount of stock disposed


        -----------

8.     (%) of Issued Class


        -----------

9.     Class of security


        Ordinary shares of 1p each

10.     Date of transaction


        18 July 2001

11.     Date Company informed


        27th July 2001

12.     Total holding following this notification


        10,340,872

13.     Total percentage holding of issued class following this notification


        29.31 per cent

14.     Any additional information, price per share etc.


        Endeavour Oil and Gas also acquired 16,039,872 warrants to subscribe
        at a price of 6p per ordinary share.

15.     Name of contact and telephone number for queries


        G. Thomson 01582 462 121







Date of notification: 2 August 2001