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 4,131 shares on 13 March 2013, as follows:

Christopher Hearne (Finance Director) acquired 1,377 ordinary shares at an average price of 27.25 pence per share taking his total beneficial shareholding to 798,685 shares representing 0.44% of the voting rights;

Peter Sadler (Business Development Director) acquired 1,377 ordinary shares at an average price of 27.25 pence per share taking his total beneficial shareholding to 190,225 shares representing 0.10% of the voting rights.

Mitchell Flegg (Chief Operating Officer) acquired 1,377 ordinary shares at an average price of 27.25 pence per share taking his total beneficial shareholding to 106,872 shares representing 0.06% of the voting rights.

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

18 March 2013

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