Agreement with Crown Gas and Power

For immediate release 15 December 2015

Energy Assets Group plc

("Energy Assets" or the "Group")

Agreement with Crown Gas and Power

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, is pleased to announce that it has been appointed as a preferred supplier to Crown Gas and Power (Crown), the gas supply division of Crown Oil Ltd. Crown has over 15 years of experience supplying gas to businesses, the public sector and the construction industry.

The appointment is for the provision of advanced gas metering technology and data services solutions.

As the leading independent provider of I&C gas metering services in the UK, the Energy Assets offering encompasses a suite of innovative options and solutions to help customers manage their energy use and meet the industry's obligations on carbon reduction. The Group has a reputation for delivering high quality solutions to customers and Energy Assets will partner with Crown to deliver Meter Asset Management (MAM) and Automated Meter Reading (AMR) services of the highest calibre.

Phil Bellamy-Lee, Chief Executive of Energy Assets, commented:

"We are delighted to be working with Crown and are looking forward to delivering a service which merits the confidence Crown has shown in the capabilities and technology that the Energy Assets Group can offer."

Dale Marriott, Director of Crown Gas & Power commented:

"Our customers demand the very best in customer service and we pride ourselves on meeting, and indeed, exceeding their expectations. Metering is fundamental to our business and we adopt only the highest standards when choosing preferred providers. Energy Assets has a reputation for delivering excellence and we look forward to utilising their expertise."

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 metering services from the provision and management of new and replacement meters through its Meter Asset Management (MAM)/Meter Operator (MOP) divisions to the procurement and project management of related utility infrastructure works and the collection and provision of energy consumption data through the Group's Siteworks and Automated Meter Reading (AMR) divisions.

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