Grant of Options - Amendment

Serica Energy plc 14 August 2007 Serica Energy Plc ('Serica' or the 'Company') GRANT OF OPTIONS London, 14 August 2007 - Further to yesterday's announcement of the award of options over the Company's ordinary shares, Serica Energy plc (TSX Venture & AIM: SQZ) issues an amended version with the correct exercise price for all the options. Under the terms of the Serica Share Option Plan, approved by shareholders at the Company's recent Annual General Meeting, the following options over Ordinary Shares in the Company have been granted: Name Position Options awarded Exercise price Percentage of per share issued share capital Tony Non-executive 300,000 98.5p 0.198% Craven Walker Chairman Neil Pike Non-executive 300,000 98.5p 0.198% Director Ian Vann Non-executive 300,000 98.5p 0.198% Director Steve Theede Non-executive 300,000 98.5p 0.198% Director These options vest in equal tranches over a three year period and are subject to performance conditions before they are capable of being exercised. 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 Tristone Capital Majid Shafiq mshafiq@tristonecapital.com +44 (0)20 7355 5872 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 Kelly Cody kelly@chfir.com +1 416 868 1079 This information is provided by RNS The company news service from the London Stock Exchange
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