Serica Energy Regulatory News (SQZ)

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 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 3,576 shares on 13 January 2012, as follows:

Christopher Hearne (Finance Director) acquired 1,788 ordinary shares at a price of 21.00 pence per share taking his total beneficial shareholding to 767,344 shares representing 0.43% of the voting rights;

Peter Sadler (Business Development Director) acquired 1,788 ordinary shares at a price of 21.00 pence per share taking his total beneficial shareholding to 158,884 shares representing 0.09% of the voting rights.

The Company has 176,660,311 shares issued and outstanding.

18 January 2012

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