Capricorn Energy Says Deal Includes $3.75 Cash Plus $0.99 Special Dividend Per Capricorn Share

Capricorn Energy PLC LSE:CNE:

• CAPRICORN ENERGY PLC - RECOMMENDED CASH ACQUISITION OF CAPRICORN BY GENEL

• CAPRICORN ENERGY - GENEL EXPECTS MATERIAL REDUCTION IN CAPRICORN GROUP EMPLOYEES POST-INTEGRATION

• CAPRICORN ENERGY - DEAL INCLUDES $3.75 CASH PLUS $0.99 SPECIAL DIVIDEND PER CAPRICORN SHARE

• CAPRICORN ENERGY - BIDCO RECEIVES IRREVOCABLE UNDERTAKINGS FOR 39.3% OF CAPRICORN SHARES

• CAPRICORN ENERGY - ALL NON-EXECUTIVE CAPRICORN BOARD MEMBERS TO RESIGN UPON DEAL COMPLETION

• CAPRICORN ENERGY: ACQUISITION IS EXPECTED TO REALISE ACCRETIVE CASH FLOW AND RETURNS OVER COMING YEARS