SM Energy appoints Ramiro Peru to Board as an independent Director

– USA, CO – SM Energy Company (NYSE: SM) today announces that Ramiro G. Peru has been appointed to serve as a director of the Company, effective August 20, 2014. Mr. Peru will serve as an independent director and as a member of the Compensation Committee of the Board of Directors.

Bill Sullivan, Chairman of the Board, comments, “We are pleased to have an individual of Ramey’s reputation and experience joining SM Energy. His finance and accounting expertise will be valuable additions, and will enrich the diverse knowledge and skills brought to our Company and its stockholders by our board. We look forward to his advice and counsel as we continue to execute our growth strategy.”

Mr. Peru served as Executive Vice President and Chief Financial Officer of Phelps Dodge Corporation from 1999 to 2007. He joined Phelps Dodge in 1979 and held various finance and accounting positions prior to his appointment as Chief Financial Officer. Mr. Peru currently serves on the Boards of Directors of WellPoint, Inc. and UNS Energy Corporation.

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