Serica Energy plc (AIM: SQZ) announces that Luska Limited has sold 185,000 ordinary shares in the Company at an average sales price of 108.50 p per share.

Luska Limited is a private company controlled by Neil Pike, a non-executive director of the Company, and the sale has resulted from an intended change of control of Luska Limited.

Following this transaction Mr Pike retains 320,000 ordinary shares in the capital of the Company, representing 0.12% of the Company's current issued share capital.

Contact:

Tel: +44 (0)20 7457 2020

NOTES TO EDITORS

Serica Energy is a British independent oil and gas exploration and production company with exploration, development and production assets in the UK and exploration interests offshore Namibia.

Serica is the operator of the producing Bruce, Keith and Rhum fields in the UK Northern North Sea, holding a 98% interest in the Bruce field, a 100% interest in the Keith field and a 50% interest in the Rhum field.

Serica holds an 18% non-operated interest in the producing Erskine field in the UK Central North Sea and a 50% operated interest in the Columbus field for which development has been approved by the OGA and has commenced.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.