RNS Number:2033E
Caspian Holdings plc
07 June 2006

7 June 2006

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

                            Notification of Holdings

The Company was informed on 2 June 2006 that Harbinger Capital Partners Master
Fund I Limited has increased it's shareholding to 7,950,000 ordinary shares in
Caspian, representing 8.05% of the issued share capital of the Company."

Enquiries:

Caspian Holdings Plc     Hoodless Brennan         Parkgreen Communications

Michael Masterman        Luke Cairns              Justine Howarth / Ana Ribeiro
T: +44 (0) 7791288381    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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