Seplat Petroleum Development : PetDevCom Plc - Director/PDMR Shareholding

USeplat Petroleum Development Company Plc ('SEPLAT' or the 'Company')

UAnnouncement on Notification of Dealing in Shares by a PCA

Lagos and London - 08 August 2018:

The Company was notified of the Purchase of 900,000 ordinary shares registered in the name of Pursley Resources Limited ('Pursley'), a Company owned by the wife of Dr. A.B.C Orjiako, Chairman of the Company. Following the purchase, Pursley now holds a directinterest in 900,000 ordinary sharesin theCompany which equates to a voting interest of 0.15% (based on Issued Share Capital of 588,444,561).

Further details of the transaction are set out in the attached Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them.

This notification is made in accordance with Rule 12 of the Amendments to the Listing Rules of the Nigerian Stock Exchange and Article 19 of the EU Market Abuse Regulations.

Dr. Mirian Kene Kachikwu

Company Secretary

FOR: SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC.

Details of duly authorised officer of issuer responsible for making notification:

Roger Brown, CFO [phone]

Investor enquiries:

Andrew Dymond, Investor Relations [phone]

Form For Notification And Public Disclosure Of Transactions By Persons Discharging Managerial Responsibilities And Persons Closely Associated With Them:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Pursley Resources Limited
2	Reason for the notification
a)	Position/status
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEPLAT Petroleum Development Company Plc
b)	LEI	029200711C4S4CB2E982
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	NGSEPLAT0008
b)	Nature of the transaction	Purchase of shares registered in the name of Pursley Resources Limited
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			NGN711.10	900,000
d)	Aggregated information
	- Aggregated volume	900,000
	- Price	NGN711.10
e)	Date of the transaction	11PthPJune, 2018
f)	Place of the transaction	Lagos, Nigeria