AGM and Trading Update

For immediate release 6 September 2012

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 (by number of meters owned and managed), will be holding its first Annual General Meeting as a Premium Listed Company on the Main Market of the LSE at 11am today.

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

"2012 has been a momentous and successful year for the Group with the IPO in March raising net primary proceeds of £11.7 million and supporting further investment in the asset portfolio in the current year.

We continue to expand our I&C metering portfolio and increase market share in line with our primary strategy and the metering portfolio owned and managed has increased by 11% since the year end to c.69,500 assets, of which c.54,500 are I&C meters, and by 32% from c.53,000 assets over the 12 months since 31 July 2011. The Group's metering assets are now spread across 23 gas suppliers who represent over 80% of the UK I&C gas market by volume of gas supplied.

The Group is currently undertaking active discussions regarding potential new business opportunities with gas suppliers, other market participants, and end user consumers requiring a fully integrated Metering, AMR, and Siteworks service provision.

Trading in the current financial year remains in line with management expectations and the commentary provided in our Interim Management Statement issued on 24 July 2012.

Overall, the business outlook for 2012/13 remains positive and the Group remains well positioned to take advantage of the opportunities arising from regulatory changes in the UK I&C gas market and the desire of end-user consumers to improve the efficiency of their energy usage."

Enquiries

For further information visit www.energyassets.co.uk, where this statement is also available, 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 meters under management). 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.