EXECUTION OF SENIOR SECURED FINANCING

For Immediate Release 16 July 2013

MAPLE ENERGY PLC

("Maple" or the "Company")

Maple Energy Announces Execution

of

Senior Secured Financing

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, announces today that certain of its subsidiaries have executed an agreement with Banco Itau BBA S.A., Nassau Branch, Banco Internacional del Peru S.A.A. ("Interbank"), and Bancolombia Puerto Rico Internacional Inc. whereby such banks, together with Corporación Financiera de Desarrollo S.A., will provide an eight-year, senior secured term loan for US$160 million (the "Term Loan").

The Term Loan is being entered into by two of Maple's subsidiaries, Maple Etanol S.R.L. and Maple Biocombustibles S.R.L. (collectively, the "Borrowers"), who directly own and operate the Company's ethanol business. Proceeds from the Term Loan are expected to be disbursed in a single draw on or before 15 August 2013, subject to the satisfaction of certain conditions to disbursement. The proceeds from the Term Loan shall be used to: (1) pay all of the outstanding obligations, including principal, interest, and prepayment fees, upon the prepayment of the existing senior secured debt financing with Corporacion Andina de Fomento, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V., Inter-American Development Bank, and Interbank previously incurred in connection with the development of the Company's ethanol business (the "Project Financing"); (2) pay the transaction expenses and fees associated with the Term Loan; and (3) provide additional funds for general corporate purposes.

The Term Loan will mature eight years from the date of the disbursement and bear interest at a LIBOR rate plus an escalating applicable margin as follows: (1) 4.75% for the first three years after disbursement, (2) 5.25% from the date that is three years after disbursement to the date that is five years after disbursement; and (3) 5.50% thereafter through maturity of the Term Loan. The three-month LIBOR rate shall mean the rate for Eurodollar deposits for a period of three months as appearing on the LIBOR01 page published by Reuters news. Payments of principal and interest on the Term Loan will be due on a quarterly basis with 32 quarterly installments of principal as follows: (i) US$2 million for the first installment; (ii) US$2.3 million per each of the next four installments; (iii) US$3 million per each of the next four installments; (iv) US$5.175 million per each of the next eight installments; (v) US$5.8 million per each of the next 13 installments; and (vi) US$10 million per each of the last two installments.

The Term Loan will be secured by: (1) trust arrangements over certain assets of the Borrowers including: (i) a collection account for the deposit of revenues of the Borrowers; (ii) a debt service reserve account; (iii) 100% of the ownership interests in the Borrowers; and (iv) substantially all physical assets of the Borrowers, including land, growing sugar cane, machinery, equipment, and fixtures; and (2) a guaranty of the payment obligations under the Term Loan by Maple Gas Corporation del Perú S.R.L., the subsidiary of the Company that holds its hydrocarbon production, refining, and marketing business (the "Guaranty"), which Guaranty may be exchangeable with a guaranty from another subsidiary of the Company upon meeting certain conditions.

Rex Canon, CEO of Maple Energy, commented today:

"We are very pleased with the terms of this new financing facility which, once closed and funded, will allow Maple to reduce the financial expenses for the term of its ethanol business senior debt and also reduce the principal payments on such debt for the next thirty months as compared to the principal payments under the existing Project Financing for such period. This financing with key financial institutions in Latin America is a further indication of the confidence in Maple's management team and business strategy."

For further information, please contact:

Maple Energy plc (+ 51 1 611 4000)

Rex W. Canon, Chief Executive Officer, President, and Executive Director

Cenkos Securities plc

Jon Fitzpatrick +44 20 7397 8900

Ken Fleming +44 131 220 6939

Mirabaud Securities Ltd. (+44 20 7321 2508)

Peter Krens

Rory Scott

Buchanan (+44 20 7466 5000)

Mark Edwards

Ben Romney

www.buchanan.uk.com

Forward-Looking Statements

Statements contained in this document, particularly those regarding possible, projected, or assumed future performance and results, including growth outlook, forecasted economics, operations, production, contracting, costs, prices, earnings, returns, and potential growth, are or may include forward-looking statements. Such statements relate to future events and expectations and as such involve known and unknown risks and uncertainties. These risks and uncertainties include, among other things, market conditions, weather risks, economic and political risks, and other factors discussed in Maple's Admission Document available on the Company's website (www.maple-energy.com). Forward-looking statements are not guarantees of future performance or an assurance that Maple's current assumptions and projections are valid. Actual results, actions, and developments may differ materially from those expressed or implied by those forward-looking statements depending on a variety of factors. Furthermore, any forward-looking statements presented are expressed in good faith and are believed to have a reasonable basis as of the date of this release. These forward-looking statements speak only as at the date of this release, and Maple does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

About Maple Energy

Maple is an integrated independent energy company, listed in London and Lima, with subsidiary assets and operations in Peru engaging in numerous aspects of the energy industry, including:

 The development and operation of an ethanol business;

 Exploration and production of crude oil and natural gas; and

 Refining, marketing, and distribution of hydrocarbon products.

Maple was admitted to AIM on 13 July 2007 and trades under the symbol "MPLE". The Company was also admitted to the Lima Stock Exchange on 21 December 2007 where it trades under the same symbol.

Operations

Maple's operations are conducted and revenues are generated through its majority-owned subsidiaries. Principal operations consist of the following:

 Ethanol Business. Operator and owner of an ethanol business located in the Piura Region on the north coast of Peru;

 Oil Production. Operator and holder of 100% working interests in its crude-oil producing properties, Blocks 31-B, 31-D, and 31-E;

 Refining, Marketing, and Distribution Operations. Operator of the Pucallpa Refinery and Sales Plant, which has capacity to refine up to (i) 3,400 barrels per day of crude oil producing Residual 5 fuel oil, (ii) 3,000 barrels per day of crude oil producing Residual 6 fuel oil, or (iii) 4,100 barrels per day of natural gasolines. This plant also includes sales and distribution operations in the central Peruvian jungle, central Peruvian highlands, and Lima regions; and

 Oil and Gas Exploration. Exploration opportunities through a:

100% working interest in Block 31-E; and

33.77% working interest in the Aguaytía Deep Prospect in Block 31-C.