Share Purchase by Directors

Serica Energy plc

("Serica" or the "Company")

Share purchase by Directors

Serica Energy plc (TSX: SQZ; AIM: SQZ) announces that the Trustees of the Serica Energy Share Incentive Plan ("the Plan") have made purchases of and allocated Serica shares under the terms of the plan on behalf of employees and officers of the Company as a result of which certain directors increased their beneficial shareholdings in the Company by a total of 3,747 shares on 13 November 2012, as follows:

Christopher Hearne (Finance Director) acquired 1,248 ordinary shares at an average price of 30 pence per share taking his total beneficial shareholding to 793,144 shares representing 0.43% of the voting rights;

Peter Sadler (Business Development Director) acquired 1,248 ordinary shares at an average price of 30 pence per share taking his total beneficial shareholding to 184,684 shares representing 0.10% of the voting rights.

Mitchell Flegg (Chief Operating Officer) acquired 1,251 ordinary shares at an average price of 30 pence per share taking his total beneficial shareholding to 101,331 shares representing 0.06% of the voting rights.

The Company has 182,770,311 shares issued and outstanding.

14 November 2012

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