TIDMEXXI

RNS Number : 7658H

Energy XXI (Bermuda) Limited

16 July 2012

Energy XXI (Bermuda) Limited ("Energy XXI" or "the Company")

Issue of Shares and Total Voting Rights

Energy XXI announces today that it expects to issue the following numbers of its US $0.005 common stock ("Shares") by an issue of new shares as a result of the vesting of employee restricted stock units (RSUs):

July 2012 RSUs- 1,274 Shares (June 2012 vesting)

The Company has made application for the 1,274 Shares to be admitted to trading on AIM, which is expected to become effective on 23 July 2012.

Following the Share issue, the Company has a total of 78,839,169 Shares in issue, excluding 309,643 treasury shares. The total number of voting rights in the Company is therefore 78,839,169.

16 July 2012

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

Seymour Pierce

Nominated Adviser: Jonathan Wright

Corporate Broking: Richard Redmayne

Tel: +44 (0) 20 7107 8000

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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