Holding(s) in Company

RNS Number : 8746G

Alkane Energy PLC

28 October 2008

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

ALKANE ENERGY PLC

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: ( YES )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( NO )

An event changing the breakdown of voting rights: ( NO )

Other (please specify) : Initial disclosure ( NO )

3. Full name of person(s) subject to the notification obligation (iii):

GARTMORE INVESTMENT LIMITED

4. Full name of shareholder(s) (if different from 3.) (iv):

SEE 13

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

23RD OCTOBER 2008

6. Date on which issuer notified:

24TH OCTOBER 2008

7. Threshold(s) that is/are crossed or reached:

16%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)
	Number of shares	Number of voting Rights (viii)
GB0003286613	13,985,026	13,985,026

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
GB0003286613	14,985,026		14,985,026		16.133%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
14,985,026	16.133%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

ALL SHARES ARE HELD INDIRECTLY.

FIGURES BASED ON ISSUED SHARE CAPITAL OF 92,883,878.

FUND MANAGERS	NUMBER OF SHARES HELD	% OF ISSUED SHARE CAPITAL	UK REGISTERED OWNER	FUND	BENEFICIAL OWNER
GARTMORE FUND MANAGERS LIMITED	6,608,693	7.115%	HSBC GLOBAL CUSTODY NOMINEE UK LTD	56690	GARTMORE FUND MANAGERS LTD A/C GARTMORE UK & IRISH SMALLER COMPANIES
	6,608,693	7.115%
GARTMORE INVESTMENT LIMITED	1,405,423	1.513%	GARTMORE GROWTH OPPORTUNITES	56640	GARTMORE GROWTH OPPORTUNITIES PLC
GARTMORE INVESTMENT LIMITED	2,967,131	3.194%	GARTMORE SMALLER COMPANIES TST PLC	LST	GARTMORE SMALLER COMPANIES TRUST PLC
GARTMORE INVESTMENT LIMITED	4,003,779	4.311%	NORTRUST NOMINEES LIMITED	54550	STRATHCLYDE PENSION FUND
	8,376,333	9.018%
	14,985,026	16.133%