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Stock Options Grant

16th Jan 2006 17:35

Serica Energy plc16 January 2006 For Immediate Release: Monday, January 16, 2006 SERICA STOCK OPTION GRANTS Toronto, January 16, 2006 - Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) todayannounced that it granted 696,000 incentive stock options on November 23, 2005,of which 330,000 were granted to senior officers of the Company at an exerciseprice of £0.97 (CDN$1.96) per ordinary share expiring five years from the dateof grant. As a result of the grant, the Company now has 142,548,579 ordinary sharesoutstanding (155,296,455 ordinary shares on a fully diluted basis). About Serica Energy PLC Serica Energy PLC is an international oil & gas exploration and productioncompany with primary activities in Indonesia, the UK North Sea and Spain. Itcurrently has offices in Singapore, Jakarta and the United Kingdom. For moreinformation, please visit the Company website, www.serica-energy.com. Enquiries: Serica Energy PlcChris Hearne [email protected] +44 (0)20 7487 8252 Pelham Public RelationsJames Henderson [email protected] +44 (0)20 7743 6673Alisdair Haythornthwaite [email protected] +44 (0)20 7743 6676 CHF Investor RelationsOlav Svela [email protected] 1-416-868-1079 x242 To receive Company news releases via email, please contact [email protected] and specify "Serica press releases" in the subject line. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This information is provided by RNS The company news service from the London Stock Exchange

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Serica Energy
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