Holding(s) in Company

Empyrean Energy PLC
18 December 2007






                              Empyrean Energy PLC
                  ('Empyrean' or the 'Company'; Ticker: (EME))



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

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

Empyrean Energy Plc

2.       Reason for the notification:

An acquisition or disposal of voting rights

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

Barclays PLC

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

Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd

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

14 December 2007

6.       Date on which issued notified:

17 December 2007

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

9% to 10%

8.       Notified details

A: Voting rights attached to shares

Class/type of share if possible using the ISIN Code                 GB00B09G2351

Situation Previous to the triggering transaction (vi) -
     Number of Shares                                                  5,051,795
     Number of Voting Rights (viii)                                    5,051,795

     Resulting situation after the triggering transaction (viii) -
     Number of Shares                                                  5,059,991
     Number of Voting Rights - Direct (x)                                      0
     Number of Voting Rights - Indirect (xi)                           5,059,991
     % of voting rights - Direct                                               0
     % of voting rights - Indirect                                         10.01


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument                                                 N/A

Expiration date (xiii)                                                       N/A

Exercise/Conversion Period/Date (xiv)                                        N/A

Number of voting rights that may be acquired if the
instrument is exercised/converted                                            N/A

% of voting rights                                                           N/A

            Total (A+B)

Number of voting rights                                                5,059,991

% of voting rights                                                         10.01

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

Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd

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:                                                N/A

14.   Contact name:                                                  Geoff Smith

15.   Contact telephone number:                                    020 7116 2913



For further information: 
Jonathan Charles / Ed Portman 
Conduit PR 
Tel: [phone] 
 
Rod Venables / Cecil Jordaan 
HB Corporate 
Tel: [phone] 
 
Empyrean Energy plc 
Tel : [phone] 



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