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Grant of Options - Amendment

14th Aug 2007 10:16

Serica Energy plc14 August 2007 Serica Energy Plc ("Serica" or the "Company") GRANT OF OPTIONS London, 14 August 2007 - Further to yesterday's announcement of the award ofoptions over the Company's ordinary shares, Serica Energy plc (TSX Venture &AIM: SQZ) issues an amended version with the correct exercise price for all theoptions. Under the terms of the Serica Share Option Plan, approved by shareholders at theCompany's recent Annual General Meeting, the following options over OrdinaryShares in the Company have been granted: Name Position Options awarded Exercise price Percentage of per share issued share capital Tony Non-executive 300,000 98.5p 0.198%Craven Walker Chairman Neil Pike Non-executive 300,000 98.5p 0.198% Director Ian Vann Non-executive 300,000 98.5p 0.198% Director Steve Theede Non-executive 300,000 98.5p 0.198% Director These options vest in equal tranches over a three year period and are subject toperformance conditions before they are capable of being exercised. Enquiries: Serica Energy plcPaul Ellis, [email protected] +44 (0)20 7487 7300Chief Executive OfficerChris Hearne, [email protected] +44 (0)20 7487 7300Finance Director JPMorgan CazenoveSteve Baldwin [email protected] +44 (0)20 7588 2828 Tristone CapitalMajid Shafiq [email protected] +44 (0)20 7355 5872 Pelham Public Relations -UKJames Henderson [email protected] +44 (0)20 7743 6673Alisdair Haythornthwaite [email protected] +44 (0)20 7743 6676 CHF - CanadaKelly Cody [email protected] +1 416 868 1079 This information is provided by RNS The company news service from the London Stock Exchange

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Serica Energy
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