Serica Energy plc - Director Share Purchase

RNS Number:2164R
Serica Energy plc
31 March 2008

Monday 31 March 2008

SERICA ENERGY PLC ANNOUNCES SHARE PURCHASE BY A DIRECTOR

London, 31 March 2008 - Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) was today
notified that on 27 March 2008, Jonathan Cartwright, following his appointment
as non-executive director, acquired 10,000 ordinary shares at a price of 83.152p
per share.

Background Notes:

Serica Energy plc is an international oil and gas exploration company with
operations in the UK, Norway, Spain, Ireland, Indonesia and Vietnam. It is
currently developing a gas-condensate field in Indonesia (the Kambuna field) and
appraising a gas-condensate discovery in the UK North Sea (the Columbus field).

The Company's ordinary shares are listed in London on AIM and on the Canadian
TSX Venture Exchange under the symbol "SQZ". The 2007 Annual Report and Accounts
can be obtained from the Company's web-site www.serica-energy.com and at
www.sedar.com.

Enquiries:

Serica Energy plc
Paul Ellis, paul.ellis@serica-energy.com +44 (0)20 7487 7300
Chief Executive Officer
Chris Hearne, chris.hearne@serica-energy.com +44 (0)20 7487 7300
Finance Director

JPMorgan Cazenove
Steve Baldwin steve.baldwin@jpmorgancazenove.com +44 (0)20 7588 2828
+44 (0)20 7355 5872

Tristone Capital Ltd
Majid Shafiq mshafiq@tristonecapital.com

Pelham Public Relations -UK
James Henderson james.henderson@pelhampr.com +44 (0)20 7743 6673
Alisdair Haythornthwaite alisdair.haythornthwaite@pelhampr.com +44 (0)20 7743 6676

CHF - Canada
Sarah Gingerich sarah@chfir.com +1 416 868 1079

Forward Looking Statements

This disclosure contains certain forward looking statements that involve
substantial known and unknown risks and uncertainties, some of which are beyond
Serica Energy plc's control, including: the impact of general economic
conditions where Serica Energy plc operates, industry conditions, changes in
laws and regulations including the adoption of new environmental laws and
regulations and changes in how they are interpreted and enforced, increased
competition, the lack of availability of qualified personnel or management,
fluctuations in foreign exchange or interest rates, stock market volatility and
market valuations of companies with respect to announced transactions and the
final valuations thereof, and obtaining required approvals of regulatory
authorities. Serica Energy plc's actual results, performance or achievement
could differ materially from those expressed in, or implied by, these forward
looking statements and, accordingly, no assurances can be given that any of the
events anticipated by the forward looking statements will transpire or occur, or
if any of them do so, what benefits, including the amount of proceeds, that
Serica Energy plc will derive therefrom.

The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.

To receive Company news releases via email, please contact sarah@chfir.com and
specify "Serica press releases" in the subject line.

This information is provided by RNS
The company news service from the London Stock Exchange
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