Holding(s) in Company

Sterling Energy PLC
22 May 2007


                      Sterling Energy PLC (the 'Company')


                                Holding in Company


The Company received a notification on 21 May 2007 that as of 18 May 2007 Royal
Bank of Scotland Plc, as Trustee of the Merrill Lynch UK Special Situations
Fund, had an interest in 49,056,250 ordinary shares of 1p each in the Company
('Ordinary Shares'). This interest represents approximately 3.13 per cent. of
the issued ordinary share capital of the Company, being 1,566,200,558 Ordinary
Shares.


22 May 2007



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