Grant of Options

For Immediate Release 20 September 2012

MAPLE ENERGY PLC

("MAPLE" OR THE "COMPANY")

GRANT OF OPTIONS

Maple Energy plc(AIM:MPLE, LIMA:MPLE),an integrated energy company with assets in Peru, announces that its Board of Directors has authorized the issuance of options to acquire ordinary shares of the Company to three of its Non-Executive Directors, in accordance with the Maple Energy plc Share Option Plan 2007, as amended.

Following this authorization, the Company has issued 45,000 options on 19 September 2012 to each of Nigel Christie, Gianfranco Castagnola, and Carlos Palacios at an exercise price of 70.50p per option, which vest equally over a three year period.

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