Director/PDMR Shareholding

12 February 2014

MAPLE ENERGY PLC

("Maple" or the "Company")

Notification of Transactions By Directors and Persons Discharging Managerial Responsibility Shareholding

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified on 11 February 2014, that Mr. Tony Hines, Senior Vice President and Executive Director, entered into sale and repurchase agreements (the "Financing Agreements") through the Lima Stock Exchange for the total sale and repurchase of up to 2,285,450 ordinary shares beneficially owned by Mr. Tony Hines.

Under the terms of the Financing Agreements, Mr. Tony Hines sold a total of 2,285,450 ordinary shares at a price of US$0.33 (0.20p*) per ordinary share, while assuming at the same time the obligation to repurchase such shares at a price of US$0.35 (0.21p*) per ordinary share on 10 September 2014. Mr. Tony Hines has used the proceeds from this transaction to fulfill his repayment obligations outstanding under an existing sale and repurchase agreement that became due on 10 February 2014.

Following the completion of the transaction described above, and prior to the repurchase of such ordinary shares, Mr. Tony Hines will continue to beneficially own 6,457,477 ordinary shares, or 3.93% of the outstanding share capital of Company on a non-diluted basis.

\* The exchange rate used was 1.6403 for US$/UK sterling calculated as of 10 February 2014.

For further information, please contact:

Maple Energy plc (+ 51 1 611 4000)

Guillermo Ferreyros Cannock, Chief Executive Officer, and Executive Director

Cenkos Securities plc (+ 44 131 220 6939)

Derrick Lee

Alan Stewart