Energy XXI Limited Directors Interests (5355Y)

TIDMEXXI

RNS Number : 5355Y

Energy XXI Limited

01 December 2014

Energy XXI Ltd ("Energy XXI" or "the Company")

Directors Interests

Energy XXI announces John D. Schiller, Jr., the Company's Chairman, President, and Chief Executive Officer, acquired the following of the Company's US $0.005 common stock ("Shares"):

   --    Acquired 25,000 Shares at a price of $3.45 per Share on 1 December 2014

-- Acquired 150 Shares from 15 August 2014 to 1 December 2014 through regular payroll deductions pursuant to his previously announced 401(k) Plan at a price of $14.25 per Share

Follows is a summary of Mr. Schiller's Share ownership:

 
 Executive Director    Shares Acquired   Resultant Shareholding   % of Issued Share 
                                                                       Capital 
--------------------  ----------------  -----------------------  ------------------ 
  John D. Schiller, 
         Jr.               25,150              1,381,635               1.469% 
--------------------  ----------------  -----------------------  ------------------

1 December 2014

Enquiries of the Company

Energy XXI

Greg Smith

Vice President, Investor Relations

713-351-3149

gsmith@energyxxi.com

Cantor Fitzgerald

Nominated Adviser: David Porter, Rick Thompson, Sarah Wharry

Corporate Broking: Richard Redmayne

Tel: +44 (0) 20 7894 7000

Pelham Bell Pottinger