Holding(s) in Company

Asia Energy PLC
31 January 2006

                                Asia Energy PLC

                                ('the Company')


                       Notification of significant holding



Under sections 198 to 202 of the Companies Act 1985 ('the Act') and rule 15 of
the AIM Rules the following information falls to be disclosed:

The Company was notified on 31 January 2006 that Credit Suisse Securities
(Europe) Limited ('CSSEL') and its subsidiary companies have acquired a further
interest in the shares of the Company resulting in a total holding of 3,849,671
Ordinary Shares of 10p each in the Company.  This represents 8.02% of the issued
share capital of the Company.

CSSEL is interested in 1,200,000 of these shares under section 208(5) of the Act
by virtue of the right to redelivery of equivalent securities under stock
lending arrangements.


31 January 2006




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