Holding(s) in Company

Asia Energy PLC
19 October 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 18 October 2006 that Liberty Square Asset Management
acquired an interest in the shares of the Company resulting in a total holding
of 1,508,500 Ordinary Shares of 10p each in the Company. This represents 3.09%
of the issued share capital of the Company.



19 October 2006






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