Sterling was informed on 19 January 2010 that Montrose Industries Limited, in which Dr Richard Stabbins a non executive director of Sterling has an 84.4% interest, purchased 3,287 ordinary shares of 40 pence each (“Ordinary Shares”) at a price of 173.7 pence per Ordinary Share.

Following this purchase, Dr Stabbins is interested in a total of 300,000 Ordinary Shares representing 0.14 per cent. of the issued share capital of the Sterling.

Further information: 
Sterling Energy plc +44 (0)20 7405 4133
Alastair Beardsall, Executive Chairman
Jonathan Cooper, Finance Director 
 
Evolution Securities +44 (0)20 7071 4300
Rob Collins
Chris Sim
Neil Elliot