Genel Energy PLC : Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuerto make a RISnotification required by DR3.1.4R(1).

(1)	An issuermaking a notification in respect of a transaction relating to the sharesor debentures of the issuershould complete boxes 1 to 16, 23 and 24.
(2)	An issuermaking a notification in respect of a derivative relating the sharesof the issuershould complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3)	An issuermaking a notification in respect of options granted to a director/person discharging managerial responsibilitiesshould complete boxes 1 to 3 and 17 to 24.
(4)	An issuermaking a notification in respect of a financial instrumentrelating to the sharesof the issuer(other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

Genel Energy Plc

2.State whether the notification relates to (i) a transaction notified in accordance with DTR3.1.2R, (ii) a disclosure made in accordance LR 9.8.6R(1) or  (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

DTR 3.1.2R

3. Name of person discharging managerial responsibilities/director

Nathaniel Rothschild

4. State whether notification relates to a personconnected with a person discharging managerial responsibilities/directornamed in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest

As 3 above

6. Description of shares(including class), debentures or derivatives or financial instruments relating to shares

Genel Energy Voting Ordinary Shares

7. Name of registered shareholders(s) and, if more than one, the number of sharesheld by each of them

Vallares Capital GP Limited

8. State the nature of the transaction

Exchange of founder shares for Genel Energy Voting Ordinary Shares

9. Number of shares, debentures or financial instruments relating to sharesacquired

14,719,970

10. Percentage of issued classacquired (treasury sharesof that classshould not be taken into account when calculating percentage)

5.26%

11. Number of shares, debentures or financial instruments relating to sharesdisposed

N/A

12. Percentage of issued classdisposed (treasury sharesof that classshould not be taken into account when calculating percentage)

N/A

13. Price per shareor value of transaction

N/A

14. Date and place of transaction

19 January 2012

15. Total holding following notification and total percentage holding following notification (any treasury sharesshould not be taken into account when calculating percentage)

Issued Genel Energy Ordinary Share Capital:                   22,119,970        7.90%

Issued Genel Energy Voting Ordinary Share Capital:         22,119,970        10.37%

Founder shares: (Interests extinguished on exchange)

16. Date issuer informed of transaction

19 January 2012

If a person discharging managerial responsibilitieshas been granted options by the issuercomplete the following boxes

17. Date of grant

N/A

18. Period during which or date on which exercisable

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of sharesor debentures involved (classand number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of sharesor debentures over which options held following notification

N/A

23. Any additional information

This notification is being made further to the exercise of the exchange right whereby Genel Energy Voting Ordinary Shares were issued following the exercise of the B exchange right and the exchange of B Ordinary Shares as further described in the prospectus published by Genel Energy Plc on 18 November 2011.

24.

David Larkin

+ 44 (0)1481 743883