EPT Disclosure

        
     FORM 38.5(b) 
     DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 
     WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS 
     BUT NOT DEALING IN A CLIENT-SERVING CAPACITY 
     (Rule 38.5(b) of the Takeover Code) 
     1.  KEY INFORMATION 
 Name of exempt principal           ABN AMRO BANK N.V. London
 trader                             Branch (Subsidiary of RFS
                                    Holding N.V.)
 Company dealt in                   Imperial Energy Corporation
                                    Plc
 Class of relevant security to      ORD GBP 0.025
 which the dealings being
 disclosed
 relate(Note 1)
 Date of dealing                    30 December 2008
     2.  INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE 
     (a)  Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)
                                                      Long                 Short
                                                 Number     (%)     Number        (%)
 (1) Relevant securities                           0        0%      178,761     0.1747%
 (2) Derivatives (other than options)              0        0%         0          0%
 (3) Options and agreements to purchase/sell       0        0%         0          0%
 Total                                             0        0%      178,761     0.1747%
     (b)  Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)
         Class of relevant security:                  Long              Short
                                                 Number     (%)     Number     (%)
 (1) Relevant securities                           0        0%        0        0%
 (2) Derivatives (other than options)              0        0%        0        0%
 (3) Options and agreements to purchase/sell       0        0%        0        0%
 Total                                             0        0%        0        0%
    (c) Rights to subscribe (Note 2)
 Class of relevant security:  Details
     3.  DEALINGS (Note 3)
     (a)  Purchases and sales 
 Purchase/sale     Number of securities  Price per unit(Note 4)
 PurchasePurchase  3,0001,989            11.1200 GBP11.2000 GBP
 Purchase          1,250                 11.2200 GBP
 TOTAL             6,239
     (b)  Derivatives transactions (other than options) 
 Product        Long/short(Note 5)  Number of securities(Note 6)  Price per unit(Note 4)
 name,e.g. CFD
     (c)  Options transactions in respect of existing securities 
     (i)  Writing, selling, purchasing or varying 
 Product           Writing, selling,     Number of securities  Exercise  Type, e.g. American,  Expiry  Option
 name,e.g. call    purchasing, varying   to which the option   price     European etc.         date   
moneypaid/received
 option            etc.                  relates(Note 6)                                               per unit(Note 4)
     (ii)  Exercising 
 Product name, e.g. call option  Number of securities  Exercise price per unit(Note 4)
     (d)  Other dealings (including new securities) (Note 3)
 Nature of transaction(Note 7)  Details  Price per unit (if applicable)()(Note 4)
     4.  OTHER INFORMATION 
     Agreements, arrangements or understandings relating to options or derivatives 
 Full details of any agreement, arrangement or understanding            between the person
 disclosing and any other person relating to the            voting rights of any relevant
 securities under any option referred            to on this form or relating to the voting rights
 or future            acquisition or disposal of any relevant securities to which any
 derivative referred to on this form is referenced. If none, this            should be stated.
     Is a Supplemental Form 38.5(b) attached? (Note 8) YES/NO 
 Date of disclosure                               31 December 2008
 Contact name                                     Fraser Wyeth
 Telephone number                                 [phone]
 Name of offeree/offeror with which connected     Imperial Energy Corporation Plc
 Nature of connection(Note 9)                     Corporate Broker
     Notes 
     The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk