Holding(s) in Company

1 December 2015

Genel Energy plc

Genel Energy plc advises that it has received the notification set out below from Encompass Capital Advisors LLC, pursuant to DTR 5 of the FCA's Disclosure and Transparency Rules.

-ends-

For further information please contact:

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

GENEL ENERGY PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please Disclosure resulting from changes to the DTRs following the UK

specify): implementation of amendments to the Transparency Directive

X

3. Full name of person(s) subject to the notification obligation: iii

Encompass Capital Advisors LLC

Todd Kantor (individual with greater than 50%

ownership)

4. Full name of shareholder(s)

(if different from 3.):iv

N/A

5. Date of the transaction and date on which the threshold is crossed or reached: v

N/A - baseline disclosure as a result of changes

to the DTRs

6. Date on which issuer notified:

11/30/2015

7. Threshold(s) that is/are crossed or reached: vi, vii

5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix,

xx

Total Return Swap referenced to Ordinary Shares (ISIN JE00B55Q3P39)

n/a

n/a

n/a

22,785,255

Nominal

Delta

9.16%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

22,785,255

9.16%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Larry Kassman

15. Contact telephone number:

+1 646-351-8452