Holding(s) in Company

Cairn Energy PLC
06 July 2004



FOR IMMEDIATE RELEASE

                                                                     6 July 2004

                           CAIRN ENERGY PLC ('Cairn')

   Notification of Shareholding - Companies Act 1985 ss.198-202 (as amended)

Cairn was notified on 2 July 2004 by Deutsche Bank AG London that Deutsche Bank
AG and its subsidiaries have in aggregate an interest in 18,153,765 ordinary
shares of 10 pence each in Cairn, representing 11.98% of Cairn's current issued
ordinary share capital.

The registered shareholders to which this notification relates and the number of
shares held by the registered holders at the date of notification is as 
follows:-

REGISTERED HOLDER                                        NUMBER OF         %
                                                          SHARES

Deutsche Bank AG London                                    839,182

Morgan Nominees Limited                                     39,603

Bank of New York Nominees                                  956,296

Chase Nominees                                           2,991,272

Deutsche Asset Management Americas                           1,900

DWS                                                        484,000

HSBC Global Custody Nominees (UK)                          812,000

Lloyds Bank Nominees                                        10,445

Lothian Regional Council                                    85,000

Master Trust Bank of Japan                                   1,200

Nortrust Nominees                                          987,339

State Street Nominees                                   10,854,269

Vidacos Nominees                                            91,259

                                                        18,153,765       11.98


                      This information is provided by RNS
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