Financing Updates

28 March 2014

MAPLE ENERGY PLC

("Maple" or the "Company")

FINANCING UPDATES

Working Capital Facility

As previously announced, the Company's ethanol business unit and its working capital position have been adversely affected during the first quarter of 2014.

As a result of this adverse event, the Company has been seeking short term financing alternatives to improve the working capital position of the ethanol business and is progressing toward closing a short term financing for its ethanol business with some of its current Senior Lenders. The Company is not able to guarantee that this financing will be reached at all. As information relating to this process becomes available and appropriate for disclosure, the Company will update the market accordingly.

Strategic Investor

As previously announced, the Company has been evaluating a number of potential financing opportunities, more specifically, the Company has been approached by certain international strategic partners or investors interested in providing a significant strategic investment into the Company by way of an equity infusion.

In the first quarter of 2014, the Company has retained Itau BBA, the largest financial institutions in Latin America, and Interbank, a leading Peruvian bank, to assist the Company in this process and other potential strategic financial alternatives.

The Company is progressing in these discussions. Nonetheless there can be no guarantees that a transaction with a strategic or financial investor may be reached on terms acceptable to the Company, or at all. The Company will continue to provide the market with information in due course.

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