Serica Energy Announces Increase in Directors' Holdings

Saturday, August 16, 2008

AIM listed Serica Energy plc announces that on 15 August 2008 Antony Craven Walker (Chairman), Paul Ellis (Chief Executive) and Chris Hearne (Finance Director) increased their beneficial shareholdings in the Company by a total of 635,000 ordinary shares.

• Antony Craven Walker (Non-Executive Chairman) acquired 360,000 ordinary shares at a price of 69p per share, through his pension fund, increasing his total beneficial holding to 5,604,473 ordinary voting right share capital of the Company, representing a holding of 3.18%

• Paul Ellis (Chief Executive) acquired 200,000 ordinary shares at a price of 69p per share, through his pension fund, increasing his total beneficial holding to 650,000 ordinary voting right share capital of the Company, representing a holding of 0.37%

• Chris Hearne (Finance Director) acquired 75,000 ordinary shares at a price of 69p per share, increasing his total beneficial holding to 675,551 ordinary voting right share capital of the Company, representing a holding of 0.38%

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