Serica Energy plc
TSX VENTURE : SQZ
AIM : SQZ

Serica Energy plc

April 19, 2010 11:50 ET

Serica Energy: CORRECTION-Share Purchase by Directors

LONDON, ENGLAND--(Marketwire - April 19, 2010) - Serica Energy plc ("Serica" or the "Company")(TSX VENTURE:SQZ)(AIM:SQZ) -

CORRECTION – The ordinary share price in the announcement issued at 07:00am this morning was incorrect and should have read 93 pence not 91 pence. Please find a revised statement below reflecting this change and the subsequent changes to number of shares acquired and to total beneficial shareholdings.

Share Purchase by Directors

Serica Energy plc (TSX VENTURE:SQZ)(AIM:SQZ) announces that the trustees of the Serica 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 9,675 shares on 16 April 2010, as follows:

Paul Ellis (Chief Executive) acquired 3,225 ordinary shares at a price of 93 pence per share taking his total beneficial shareholding to 874,140 shares representing 0.50% of the voting rights;

Chris Hearne (Finance Director) acquired 3,296 ordinary shares at a price of 93 pence per share taking his total beneficial shareholding to 732,600 shares representing 0.41% of the voting rights;

Peter Sadler (Chief Operating Officer) acquired 3,296 ordinary shares at a price of 93 pence per share taking his total beneficial shareholding to 24,140 shares representing 0.01% of the voting rights.

The Company has 176,570,311 voting ordinary shares issued and outstanding.

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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