Appointment of a Non-Executive Director

12 July 2012

Greenko Group PLC

("Greenko", "the Company" or "the Group")

Appointment of a Non-Executive Director

Greenko, the Indian developer, owner and operator of clean energy projects, is pleased to announce the appointment of Keith Henry as a Non-Executive Director of the Company with effect from 1st August 2012.

Keith Henry, aged 67, has had a long and successful career in the global power and energy sectors. He has run large private and publicly listed companies that successfully established major assets in both developed and emerging markets. During his career, Keith was Chief Executive of National Power plc, a FTSE100 company, International Power, Brown & Root Ltd, and Kvaerner Engineering & Construction Ltd.

As a Non-Executive Director, Keith has served on the main board of many listed companies, including the roles of Chairman of Burren Energy plc, Helius Energy plc and Petrojarl ASA; Senior Independent Non-Executive Director of Emerald Energy plc; and Non-Executive Director of First Calgary Petroleums Ltd and Enterprise Oil plc. For several years he was also a Non-Executive Director of Punj Lloyd Group, the Bombay Stock Exchange quoted engineering company based in Delhi. Outside of the power and energy sectors, Keith has held a number of other Board roles, including Non-Executive Director of South East Water Ltd, and Deputy Chairman of Aegis Defence Services Ltd.

Keith is currently the Chairman of Regal Petroleum plc and Mediterranean Oil & Gas plc, as well as the Senior Independent Non-Executive Director of Sterling Energy plc, and a Non-Executive Director of HPR Holdings Ltd.

Commenting on the appointment, Y Harish Chandra Prasad, Chairman of Greenko, said:

"We are delighted that Keith is joining our Board. He brings a wealth of experience in the power sector, project development and corporate governance. This is a significant appointment for Greenko as Keith's expertise enriches our existing capabilities at a time when we are embarking on a major roll-out of utility scale clean energy projects across India. We are looking forward to working closely with Keith, as his experience on international boards and wide-ranging capabilities will be invaluable as we accelerate our growth trajectory."

Disclosures under AIM Rule 17

Keith Nicholas Henry, aged 67, is or has been a director of the following companies during the last five years:

Current directorships

·; Mediterranean Oil & Gas plc (Non-Executive Chairman) - since January 2012.

·; Sterling Energy plc (Senior Independent Non-Executive Director) - since 2009.

·; Regal Petroleum plc (Executive Chairman) - since 2008.

·; Regal Group Services Ltd (Director) - since 2010.

·; Regal Egypt Ltd (Director) - since 2010.

·; HPR Holdings Ltd (Non-Executive Director) - since 2006.

Past directorships held within the last five years

·; Central Indian Energy Ltd (Non-Executive Chairman) - 20 January 2012 to 2 July 2012.

·; Helius Energy plc (Non-Executive Chairman) - 2009 to 2011.

·; Aegis Defence Services Ltd (Deputy Chairman) - 2007 to 2010.

·; Reynolds Partners Ltd (Vice Chairman) - 2007 to 2010.

·; First Calgary Petroleums Ltd (Non-Executive Director) - 2007 to 2008.

·; Simon Carves Limited (Non-Executive Director) - 2006 to 2009.

·; Burren Energy plc (Non-Executive Chairman) - 2005 to 2008.

·; South East Water Limited (Non-Executive Director) - 2005 to 2007.

·; Emerald Energy plc (Senior Non-Executive Director) - 2004 to 2009.

·; Number 151 Proprietors Limited (Non-Executive Director) - 2004 to 2008.

Keith Henry was a Non-Executive Director of Reynolds Partners Ltd that went into creditors' voluntary liquidation in July 2010. He had resigned from that role in February 2010 due to a conflict of interest with his role as Chairman of Helius Energy plc.

There is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

- Ends -

For further information please visit www.greenkogroup.com or call:

About Greenko

Greenko is a mainstream participant in the growing Indian energy industry and a market leading owner and operator of clean energy projects in India. The Group is building a de-risked portfolio of wind, hydro electric, natural gas and biomass assets within India and intends to increase the installed capacity it operates by winning concessions to develop new greenfield assets as well as making selective acquisitions which enhance shareholder value.

Greenko's portfolio is carefully planned and managed to ensure it offers investors diversification geographically and spreads risks across a number of projects which utilise varied environmental technologies. The Company's goal is to reach 1 GW of operational capacity by 2015. Current capacity is 260 MW, split between wind power, hydropower, biomass and gas/liquid fuel. Greenko's portfolio, which includes projects in the development pipeline, currently stands at 1.63 GW.

With a core belief in sustainability both operationally and environmentally, Greenko endeavours to be a responsible business playing an important role in the community beyond its role in the power generation industry. The Company maintains a continuous involvement in localised projects and community programmes which centre on education, health and wellbeing, environmental stewardship and improving rural infrastructure.

Greenko Group plc was admitted to trading on the AIM market of the London Stock Exchange (LSE: GKO) in November 2007.