Notification of Transactions of Directors

For Immediate Release 31 October 2011

MAPLE ENERGY PLC

("Maple" or the "Company")

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility Shareholding

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, announces that it has today been notified that Mr. Rex Canon, Chief Executive Officer and Executive Director, entered into an agreement (the "Pledge Agreement") on 28 October 2011 whereby security over 200,000 ordinary shares of the Company (the "Pledged Shares") held by him was granted in favour of a third party lender (the "Lender") as security against a personal loan of US$ 100,000 also entered into on 28 October 2011. Under the terms of the Pledge Agreement, title to the Pledged Shares can be transferred to, sold, or otherwise dealt with by the Lender following the occurrence of a failure to pay any amount due and payable under the personal loan.

There is no change in Mr. Canon's overall shareholding in the Company, and he continues to beneficially own 7,276,998 ordinary shares, or 4.9% of the outstanding share capital of Company on a non-diluted basis.

For further information, please contact:

Maple Energy plc (+ 51 1 611 4000)

Rex W. Canon, Chief Executive Officer, President and Executive Director

Jefferies International Limited (+44 20 7029 8000)

Thomas Rider

Buchanan (+44 20 7466 5000)

Mark Edwards 

Christian Goodbody