Notification of Transactions

20 February 2013

MAPLE ENERGY PLC

("Maple" or the "Company")

Notification of Transactions

By Directors and Persons Discharging Managerial

Responsibility Shareholding

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified on 19 February 2013, that on the same or previous day (being 436,236 ordinary shares on 18 February 2013 and 218,200 ordinary shares on 19 February 2013), Mr. Tony Hines, Senior Vice President and Executive Director, entered into two sale and repurchase agreements (the "Financing Agreements") through the Lima Stock Exchange for the total sale and repurchase of up to 654,436 ordinary shares beneficially owned by Mr. Tony Hines.

Under the terms of the Financing Agreements, Mr. Tony Hines sold a total of 654,436 ordinary shares at a price of US$0.93 (60p*) per ordinary share, while assuming at the same time the obligation to repurchase such shares at a price of US$0.97 (63p*) per ordinary share on 30 September 2013. Mr. Hines will primarily use the proceeds of the Financing Agreement to pay certain financial obligations.

Following the completion of the transaction described above, and prior to the repurchase of such ordinary shares, Mr. Tony Hines will continue to beneficially own 7,992,011 ordinary shares, or 4.9% of the outstanding share capital of Company on a non-diluted basis.

\* The exchange rate used was 1.543 for US$/UK sterling calculated as of 19 February 2013.

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 (+44 20 7397 8900)

Jon Fitzpatrick

Ken Fleming

Buchanan (+44 20 7466 5000)

Mark Edwards

Ben Romney