Transfer of interest

22 December 2011

San Leon Energy Plc ("San Leon" or the "Company") announces that the Company has been advised by its partner Beach Energy Ltd (Beach"), that, as part of its ongoing portfolio management, it is withdrawing from the Durresi Block, offshore Albania.

Beach Energy Ltd ("Beach") has announced the withdrawal as part of an international update where it has also announced that it is withdrawing from licences in Albania, Spain and Egypt.

As a result of this and subject to regulatory approval, Beach Energy's 25% interest will now transfer to San Leon who will now hold 100% of the Durresi Block.

For further information contact:

San Leon Energy plc
Oisin Fanning, Executive Chairman
+353 1291 6292

Arbuthnot Securities Limited
Antonio Bossi
Richard Johnson
+44 (0) 20 7012 2000

Macquarie Capital (Europe) Limited
Paul Connolly
John Dwyer
+44 (0) 3037 2000

College Hill Associates
Nick Elwes
+44 (0) 20 7457 2020


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