Kea Petroleum : Form 8 (OPD)

(a) Full name of discloser:

Kea Petroleum Plc

(b) Owner or controller of interests and short

positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

(c) Name of offeror/offeree in relation to whose

relevant securities this form relates:

Use a separate form for each offeror/offeree

Kea Petroleum Plc

(d) Is the discloser the offeror or the offeree?

OFFEREE

(e) Date position held:

The latest practicable date prior to the disclosure

27 February 2015

(f) In addition to the company in 1(c) above, is the

discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

NO

If YES, specify which:

Class of relevant security:

Ordinary shares of 1.0 pence each in the offeree

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned

and/or controlled:

Nil

0

Nil

0

(2) Cash-settled derivatives:

Nil

0

Nil

0

(3) Stock-settled derivatives

(including options) and agreements to purchase/sell:

Nil

0

Nil

0

TOTAL:

Nil

0

Nil

0

Class of relevant security in relation to

which subscription right exists:

Nil

Details, including nature of the rights concerned and relevant percentages:

Nil

Director

Number of Kea Petroleum Plc shares

Percentage of

existing Kea Petroleum Plc shares (93,986,957)

Ian

Gowrie- Smith

(1) as to 6,070,000, by Thornaby Limited, a company

owned by the trustee of the I R Gowrie Smith family settlement of which the discloser is both settlor and a discretionary beneficiary;

(2) as to 500,000, jointly by the discloser and the trustee of the Kea Petroleum PLC Joint Share Ownership Plan, under the terms of that plan (and which shares are included in the rule 8.3 disclosure to be made by the trustee of that plan);

(3) as to 860,000, by Transact Nominees Limited as trustee of a personal pension scheme for the benefit of the discloser; and

(4) as to the balance of 86,514, by the director personally.

Total: 7,516,514

6.46%

0.53%

0.92%

0.09%

Total: 8%

David Lees

(1) as to 6,744,400 by Ocarina Investments Limited, a

company owned by the trustees of The David J Lees Family Settlement. Settlor: David J Lees; Beneficiary: David J Lees; and

(2) as to the balance of 50,769 by the director personally.

Total: 6,795,169

7.18%

0.05%

Total: 7.23%

Peter

Wright

(1) as to 141,025 by the director personally; and

(2) as to 200,000, jointly by the discloser and the trustee of the Kea Petroleum PLC Joint Share Ownership Plan, under the terms of that plan (and which shares are included in the rule 8.3 disclosure to be made by the trustee of that plan).

Total: 341,025

0.15%

0.21%

Total: 0.36%

Peter

Mikkelsen

(1) as to 20,000 by the director personally.

0.02%

John

Bentley

(1) as to 51,282 by the director personally.

0.05%

Director

Date of grant

Exercisable

from

Number of

shares

Exercise price

(p)

Ian Gowrie-

Smith

15/02/2010

15/02/2013

500,000

8

David Lees

15/02/2010

15/02/2013

500,000

8

Peter Wright

15/02/2010

15/02/2013

600,000

8

John Bentley

15/02/2010

15/02/2013

200,000

8

Peter Mikkelsen

15/02/2010

15/02/2013

200,000

8

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

Date of disclosure:

2 March 2015

Contact name:

David Smith, Company Secretary

Telephone number:

0207 917 8500