RNS Number:4246Y
Caspian Holdings plc
14 February 2006


Replacement of announcement (reference 2710Y) released at 15:27 on 10 February
2006.

The replacement refers to the the correct shareholding of Michael George
Masterman being 10,100,000 ordinary shares rather than 10,000,000 as noted in
the original announcement and to the full information in regard to JP Morgan's
current shareholding.



               Caspian Holdings Plc ("Caspian" or "The Company")

10 February 2006

Significant Shareholders

Following the placing of 7,207,000 new ordinary shares in the Company, the
following shareholders have significant shareholdings in Caspian:


Name of              Share held prior   Shares taken       Shares    Percentage 
shareholder                to Placing  up at Placing    currently          held
                                                             held     currently 

Michael George             10,100,000                   10,100,000       11.01%
Masterman

Dietmar Greil              10,000,000                   10,000,000       10.91%

Beronia Investments         7,697,000         500,000    8,197,000        8.94%

Laurie Macri                6,097,000       1,000,000    7,097,000        7.74%

JP Morgan                   2,750,000       4,000,000    6,750,000        7.36%

John Dieter Kahlbetzer      4,290,000                    4,290,000        4.68%

Goldman Sachs Securities
(Nominees) Limited          3,200,000                    3,200,000        3.49%

Barclayshare Nominees
Limited                      2,780,629                   2,780,629        3.03%

Enquiries:

Caspian Holdings Plc        Grant Thornton Corporate Finance
Michael Masterman           Fiona Owen
T: +44 (0) 7791 288381      T: +44 (0) 870 991 2318

Hoodless Brennan            Parkgreen Communications
Luke Cairns                 Justine Howarth / Ana Ribeiro
T: +44 (0) 20 7538 1166     T: +44 (0) 20 7493 3713

www.caspianoil.co.uk




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

END
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