TIDMEXXI

RNS Number : 4777J

Energy XXI (Bermuda) Limited

17 July 2013

Energy XXI (Bermuda) Limited

Transaction in Own Shares

Energy XXI (Bermuda) Limited ("the Company") announces that pursuant to the previously announced Rule 10(b)5-1 Trading Plan ("the Plan"), from 3 July 2013 to 16 July 2013 it had made purchases of 514,000 US $0.005 Common Stock ("Shares") at an average price of US $23.51 per Share. The highest and lowest price paid for these Shares was US $24.00 and US $22.68, respectively. The purchased shares will all be held as treasury shares.

Only to the extent additional repurchases are made, the Company will report transactions in its own shares bi-weekly.

The combined open market and Plan purchases from 8 May 2013 to 16 July 2013 totalled 3,852,900 Shares at an average price of US $24.35 per Share.

Following the above purchases, the Company has a total of 75,575,081 Shares in issue, excluding 3,853,563 treasury shares.

17 July 2013

Enquiries of the Company

Energy XXI

Stewart Lawrence

Vice President, Investor Relations and Communications

713-351-3006

slawrence@energyxxi.com

Greg Smith

Director, Investor Relations

713-351-3149

gsmith@energyxxi.com

Cantor Fitzgerald

Nominated Adviser: David Porter, Rick Thompson

Corporate Broking: Richard Redmayne

Tel: +44 (0) 20 7894 7000

Pelham Bell Pottinger

James Henderson

jhenderson@pelhambellpottinger.co.uk

Mark Antelme

mantelme@pelhambellpottinger.co.uk

+44 (0) 20 7861 3232

This information is provided by RNS

The company news service from the London Stock Exchange

END

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