Share Purchase by Directors

Serica Energy plc

("Serica" or the "Company")

Share Purchase by Directors

Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that the Trustees of the Serica Energy Share Incentive Plan ("the Plan") have made purchases of 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 2,745 shares on 13 January 2011, as follows:

Paul Ellis (Chief Executive) acquired 915 ordinary shares at a price of 41 pence per share taking his total beneficial shareholding to 930,284 shares representing 0.53% of the voting rights;

Christopher Hearne (Finance Director) acquired 915 ordinary shares at a price of 41 pence per share taking his total beneficial shareholding to 738,744 shares representing 0.42% of the voting rights;

Peter Sadler (Chief Operating Officer) acquired 915 ordinary shares at a price of 41 pence per share taking his total beneficial shareholding to 80,284 shares representing 0.05% of the voting rights.

The Company has 176,630,311 shares issued and outstanding.

18 January 2011

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