Holding(s) in Company

Asia Energy PLC
14 October 2005


                        Asia Energy plc ('the Company')

                       Notification of significant holding


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

The Company was notified on 14 October 2005 that UBS AG and its subsidiary
companies have an interest in the shares of  the Company resulting in a total
holding of 4,909,826 Ordinary Shares of 10p each in the Company. This represents
11.94% of the issued share capital of the Company.

14 October 2005






                      This information is provided by RNS
            The company news service from the London Stock Exchange