Notification of share scam

28 September 2011

SeaEnergy PLC

Notification of Share Scam

The Directors of SeaEnergy PLC ("SeaEnergy" or the "Company") have recently been made aware that several shareholders in the Company have been approached by people representing a company called either INTERNATIONAL MERGER SERVICES, THE IMS GROUP, IMS GROUP or I.M.S. GROUP ("IMS"). Attempts have been made by them to persuade shareholders to enter into transactions regarding their SeaEnergy shares, or in relation to non-existent warrant instruments in relation to the Company. IMS are not authorised under the Financial Services and Markets Act 2000 to conduct a regulated activity in the UK and the FSA added IMS to its list of unauthorised overseas firms operating in the UK on 21 September 2011.

http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/overseas.shtml

Please follow this link to the FSA website to find further information relating to share scams:

http://www.fsa.gov.uk/pages/consumerinformation/scamsandswindles/index.shtml

There is also a facility provided where shareholders can report the details of any communication received from unlicensed entities approaching investors in regard to their shareholdings.

In addition the Guernsey Financial Services Commission lists IMS on its list of Bogus Banks and Other Financial Institutions.

http://www.gfsc.gg/The-Commission/WarningsProhibitionsPublicStatements/Bogus-Banks/Pages/Bogus%20Banks%20and%20Other%20Financial%20Institutions.aspx

The Directors therefore urge shareholders in the Company to exercise extreme caution if they receive any unsolicited communication regarding their investment in the Company.

- Ends -

For further information contact:

www.seaenergy-plc.com