Company Announcements

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which

such distribution would be unlawful.

Notice relating to stabilisation transactions pursuant to article 5(4) of Regulation (EU) No

596/2014 of the European Parliament and of the Council of 16 April 2014 as well as article

6(3) and article 8 of Commission Delegated Regulation (EU) No 2016/1052 of 8 March

2016.

07 December 2022 - Goldman Sachs International acting as the stabilisation manager in connection with the initial public offering of Ithaca Energy plc (the "Company") has today informed the Company that the following stabilisation measures were carried out during the stabilisation period from 09 November 2022 until 23 November 2022 in relation to the ordinary shares of Ithaca Energy plc (ISIN: GB00BPJHV584), which started trading on the London Stock Exchange on 09 November 2022:

Disclaimer

This announcement is for information purposes only and does not constitute an invitation or

offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of Ithaca Energy plc in any jurisdiction.

This announcement is not an offer of securities for sale in the United States. The securities

referred to above have not been, and will not be, registered under the U. S. Securities Act of

1933, as amended, and may not be offered or sold in the United States absent registration or an

exemption from registration. There has not been and will not be a public offer of the securities in

the United States.