Sch 1 Update - Serica Energy

AIM
13 December 2005


ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE 
WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:

Serica Energy plc

COMPANY ADDRESS:

93-95 Gloucester Place, London

COMPANY POSTCODE:

W1U 6JQ

COUNTRY OF INCORPORATION:

England and Wales

COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:

International oil and gas exploration

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury shares):

142,548,580 Ordinary Shares of $0.10 each to be placed at £0.95 each

None to be held in treasury

CAPITAL TO BE RAISED ON ADMISSION:

£64,000,000

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:

Antony Craven Walker, Non-executive Chairman

Paul William Ellis, Chief Executive

Christopher David Atkinson, Chief Operating Officer

Christopher James Hearne, Finance Director

James Sibbald Steel, Non-executive Director

Neil Pike, Non-executive Director

PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:

The below holdings are given before admission, as at 22 November 2005:

ZZZ Canada Control Account c/o Capita Registrars* - 58.0%

Cede & Co* - 12.1%

Christine Elizabeth Walker - 4.0%

First Regional Bank - 3.1%



The following shareholders are interested in 3% or more following admission:

ZZZ Canada Control Account c/o Capita Registrars* - 30.5%

Cede & Co* - 6.4%

Fidelity Investment Management Ltd - 8.7%

Framlington Investment Management Limited - 6.8%

Artemis Investment Management - 6.0%

Merrill Lynch Investment Managers - 4.0%

T Rowe Price - 3.2%


Canadian securities law requires any party holding more than 10% of the company's issued ordinary shares to
disclose such interest.  The company is unaware of any such disclosures


* Capita Registrars and Cede & Co  are the registered holders of the above ordinary shares and hold such shares
as depositary and nominee for numerous clients who retain the beneficial interests in the ordinary shares

The company has not been able to identify with any reasonable certainty the names of persons who are directly or
indirectly interested in 3% or more of the issued ordinary shares of the company and who hold such ordinary
shares through one or both of the above depositaries

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None

ANTICIPATED ACCOUNTING REFERENCE DATE:

31 December

EXPECTED ADMISSION DATE:

13 December 2005

NAME AND ADDRESS OF NOMINATED ADVISER:

JPMorgan Cazenove Limited, 20 Moorgate, London, EC2R 6DA

NAME AND ADDRESS OF BROKER:

JPMorgan Cazenove Limited, 20 Moorgate, London, EC2R 6DA

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Wedlake Bell, 52 Bedford Row, London, WC1R 4LR

DATE OF NOTIFICATION:

Tuesday 13 December 2005

NEW/ UPDATE (see note):

Update


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