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 3,816 shares on 13 September 2012, as follows:

Christopher Hearne (Finance Director) acquired 1,272 ordinary shares at an average price of 29.5 pence per share taking his total beneficial shareholding to 790,714 shares representing 0.45% of the voting rights;

Peter Sadler (Business Development Director) acquired 1,272 ordinary shares at an average price of 29.5 pence per share taking his total beneficial shareholding to 182,254 shares representing 0.10% of the voting rights.

Mitchell Flegg (Chief Operating Officer) acquired 1,272 ordinary shares at an average price of 29.5 pence per share taking his total beneficial shareholding to 98,901 shares representing 0.06% of the voting rights.

The Company has 176,770,311 shares issued and outstanding.

17 September 2012

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