Director's Share Dealing

13 March 2015

Alkane Energy Plc

("Alkane" or the "Company")

Director's Share Dealing

The Company announces that is was notified on 12 March 2015 that Neil O'Brien, Chief Executive Officer, purchased 50,000 Ordinary Shares of 0.5p each in the Company ("Ordinary Shares") at a price of 20.5 pence per Ordinary Share on 12 March 2015.

Following this transaction Neil O'Brien's interest in the Company increased to 1,121,840 Ordinary Shares, representing 0.76% of the total voting rights of the Company.

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