Holding(s) in Company

17 Jul 2008 10:25



Alkane Energy plc

17 July 2008

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

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

Alkane Energy GB0003286613

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: No

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: No

An event changing the breakdown of voting rights: Yes

Other (please specify): No

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

UBS Investment Bank

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

UBS AG London Branch

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

14 July 2008

6. Date on which issuer notified:

16 July 2008

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

8.99%

8. Notified details:

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

N/A

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:

Cintia Goertz/Sarah Cottie

15. Contact telephone number:

0207 5684981