Seplat Energy Regulatory News (SEPL)

Date: 29th April 2014

Not for the distribution, directly or indirectly in to the United States or any jurisdiction in which such distribution would be unlawful.

Seplat Petroleum Development Company Plc

Stabilisation Notice

Standard Bank PLC hereby gives notice that the Stabilising Manager named below undertook stabilisation (within the meaning of the rules of the Financial Conduct Authority) in relation to the offer of the following securities, as set out below.

 For each of the dates during which stabilisation transactions were carried out, the price range was as follows:

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.