RNS Number:4213T
Petrolatina Energy PLC
21 March 2007



                             PetroLatina Energy Plc
                        ("PetroLatina" or the "Company")

                             Holding(s) in Company

The Company was informed on 20 March 2007 that RAB Special Situations (Master)
Fund Ltd is interested in 22,989,602 ordinary shares in the capital of the
Company, representing 20.17 per cent of the entire issued ordinary share capital
of the Company. Credit Suisse Client Nominees Limited is the registered holder
of these shares.

The Company was also informed on 20 March 2007 that Allianz SE is interested in
5,615,385 ordinary shares in the capital of the Company, representing 4.93 per
cent of the entire issued ordinary share capital of the Company. Dresdner Bank
AG is the registered holder of these shares.

For further information, please contact:

PetroLatina Energy
Ian Refault                 Ianrefault@petrolatinaenergy.com   +44(0)2072974360
Chief Financial Officer
www.petrolatinaenergy.com

Pelham Public Relations
James Henderson             James.henderson@pelhampr.com       +44(0)2077436673
Charles Vivian              Charles.vivian@pelhampr.com        +44(0)2077436672
                            




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

END
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