AGM and Trading Update

For immediate release 1 September 2015

Energy Assets Group plc

("Energy Assets" or the "Group")

AGM and Trading Update

Energy Assets Group plc (LSE: EAS.L), the largest independent provider of industrial and commercial (I&C) gas metering services in the UK[1] and a major provider of utility infrastructure services and electricity metering and data services, will be holding its Annual General Meeting at 9.30am today at Buchanan, 107 Cheapside, London, EC2V 6DN.

Chairman, Dr Chris Masters, will be making the following statement to shareholders:

"The financial year to 31 March 2015 was very successful for Energy Assets with good organic growth across our asset portfolio. Our Siteworks business also benefitted from strong trading and expanded activities.

During the first quarter of the new financial year the asset portfolio owned and managed increased to circa 388,000, compared to circa 365,000 as at 31 March 2015, and our Siteworks activities continue to make good progress. The three new businesses acquired in the previous financial year, Bglobal Metering, Origin and SA Gas, are now fully integrated into the Group and are performing well under Energy Assets management. 

Trading in the current financial year is in line with management expectations and the Group is on track to deliver another year of solid growth.

The Board looks forward to updating shareholders further following the publication of our Half Year Report for the six months ending 30 September 2015 which will be released on 10 November 2015."

Enquiries

For further information visit www.energyassets.co.uk or contact:

Notes to Editors:

Energy Assets provides metering and related services in the I&C segment of the UK utility market and is the largest independent provider of I&C gas metering services in the UK, by number of assets owned and managed. 

The Group offers utility suppliers and end-user consumers of energy a broad spectrum of expert metering services from the provision and management of new and replacement meters through its Meter Asset Management division to the procurement and project management of related utility infrastructure works, including fully managed gas installations and live connections, gas pipework modifications and in-depth gas maintenance projects, through its Siteworks division. The Group also collects and provides energy consumption data through its Data Services division.

Energy Assets (EAS) is listed on the Main Market of the London Stock Exchange.