AGM and Trading Update

For immediate release 2 September 2014

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, will be holding its Annual General Meeting at 9.30 am today at Buchanan, 107 Cheapside, London, EC2V 6DN.

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

"The year to 31 March 2014 was another successful one for the Group with continued increases in both revenue and profits.

Trading in the current financial year continues to be encouraging and the Group delivered a strong performance in the first quarter to 30 June 2014. Growth has continued and, at 31 July 2014, the asset portfolio owned and managed was circa 327,000 meter and data assets compared to circa 163,500 as at 31 March 2014.

This substantial increase in the asset portfolio incorporates both organic growth and the circa 150,000 managed assets resulting from the acquisition of BGlobal Metering Limited in April 2014. Integration of this business into the Group is progressing well.

On 23 July 2014, it was announced that Energy Assets has signed a strategic agreement with British Gas Business (BGB) to install advanced meters for around 50% of BGB's I&C customers across the UK providing further diversification of the Group's customer base and the opportunity for significant future growth in long-term recurring revenue.

We look forward to updating shareholders further following the publication of our Half Year Report for the six months ending 30 September 2014, which will be released on 11 November 2014."

Enquiries

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

Notes to Editors:

Energy Assets provides gas metering and related services in the I&C segment of the UK gas 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 gas suppliers and end-user consumers of gas a broad spectrum of metering services from the provision and management of new and replacement meters through its MAM Services division to the procurement and project management of related gas infrastructure works and the collection and provision of gas consumption data through the Group's Siteworks and AMR divisions.

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