Holding(s) in Company - Amend

Sterling Energy PLC
28 September 2007



The following amendment has been made to RNS number 5072E released at 08:08 on 
26 September 2007. The shareholding should have been reported as being 6.02% of
the Company's issued share capital. A replacement announcement is shown below.



Form TR-1 with annex. FSA Version 2.1 updated April 2007

+----------------------------------------+
|For filings with the FSA include the    |
|annex                                   |
|                                        |
|For filings with issuer exclude the     |
|annex                                   |
+----------------------------------------+

+-----------------------------------------------------------------------------+
|TR-1: Notifications of Major Interests in Shares                             |
+-----------------------------------------------------------------------------+

+-----------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying    |Sterling Energy plc             |
|issuer of existing shares to which voting      |                                |
|rights are attached:                           |                                |
+-----------------------------------------------+--------------------------------+
|2. Reason for notification (yes/no)                                             |
+-------------------------------------------------------------------+------------+
|                                                                   |Yes         |
|                                                                   |(correction)|
|An acquisition or disposal of voting rights                        |            |
+-------------------------------------------------------------------+------------+
|An acquisition or disposal of financial instruments which may      |            |
|result in the acquisition of shares already issued to which voting |            |
|rights are attached                                                |            |
+-------------------------------------------------------------------+------------+
|An event changing the breakdown of voting rights                   |            |
+-------------------------------------------------------------------+------------+
|Other (please specify): CORRECTION of announcement on 26.09.07     |            |
+---------------------------------------+---------------------------+------------+
|3. Full name of person(s) subject to   |Mr Denis O'Brien                        |
|notification obligation:               |                                        |
|4. Full name of shareholder(s) (if     |Baycliffe Limited (as nominee)          |
|different from 3):                     |                                        |
+---------------------------------------+----------------------------------------+
|5. Date of transaction (and date on    |20 September 2007                       |
|which the threshold is crossed or      |                                        |
|reached if different):                 |                                        |
+---------------------------------------+----------------------------------------+
|6. Date on which issuer notified:      |25 September 2007                       |
+---------------------------------------+----------------------------------------+
|7. Threshold(s) that is/are crossed or |6%                                        |
|reached:                               |                                        |
+---------------------------------------+-------+-------------------+------------+
+------------------------------------------------------------------------------------------+
|8: Notified Details                                                                       |
+------------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                       |
+-------------+---------------------+------------------------------------------------------+
|Class/type of|Situation previous to|Resulting situation after the triggering transaction  |
|shares       |the triggering       |                                                      |
|             |transaction          |                                                      |
|If possible  +----------+----------+-----------+---------------------+--------------------+
|use ISIN code|Number of |Number of |Number of  |Number of voting     |Percentage of voting|
|             |shares    |voting    |shares     |rights               |rights              |
|             |          |rights    |           +----------+----------+----------+---------+
|             |          |          |           |          |          |          |         |
|             |          |          |           |          |          |          |         |
|             |          |          |           |Direct    |Indirect  |Direct    |Indirect |
+------------++---------++---------++---------+-+---------++---------++---------++---------+
|GB0005299929 |N/A       |N/A       |N/A       |94,248,308 |N/A       |6.02%     |N/A      |
+------------++---------++---------++---------+-+---------++---------++---------++---------+
+--------------------------------------------------------------------------------+
|B: Financial Instruments                                                        |
|                                                                                |
|                                                                                |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                            |
|                                                                                |
|                                                                                |
+---------------+---------------+---------------+----------------+---------------+
|Type of        |Expiration date|Exercise/      |No. of voting   |Percentage of  |
|financial      |               |conversion     |rights that may |voting rights  |
|instrument     |               |period/date    |be acquired (if |               |
|               |               |               |the instrument  |               |
|               |               |               |exercised/      |               |
|               |               |               |converted)      |               |
+---------------+---------------+---------------+----------------+---------------+
|               |               |               |                |               |
|               |               |               |                |               |
|               |               |               |                |               |
+---------------+---------------+---------------+----------------+---------------+
+-----------------------------------------------------------------------------+
|Total (A+B)                                                                  |
|                                                                             |
|                                                                             |
+--------------------------------------+--------------------------------------+
|Number of voting rights               |Percentage of voting rights           |
+--------------------------------------+--------------------------------------+
|94,248,308                            |6.02%                                 |
+--------------------------------------+--------------------------------------+
+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and /or  |
|the financial instruments are effectively held, if applicable:               |
+-----------------------------------------------------------------------------+
|Denis O'Brien holds 27,332,032 shares in his name                            |
|Baycliffe Limited holds 66,916,276 as nominee                                |
+-----------------------------------------------------------------------------+
+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
+--------------------------------------+--------------------------------------+
|10. Name of proxy holder:             |                                      |
|                                      |                                      |
+--------------------------------------+--------------------------------------+
|11. Number of voting rights proxy     |                                      |
|holder will cease to hold:            |                                      |
+--------------------------------------+--------------------------------------+
|12. Date on which proxy holder will   |                                      |
|cease to hold voting rights:          |                                      |
+--------------------------------------+--------------------------------------+
+--------------------------------------+--------------------------------------+
|13. Additional information:           |                                      |
+--------------------------------------+--------------------------------------+
|14 Contact name:                      |Christopher Tushingham                |
+--------------------------------------+--------------------------------------+
|15. Contact telephone name:           |01624 646 846                         |
+--------------------------------------+--------------------------------------+


For notes on how to complete form TR-1 please see the FSA website.



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