Appointment of Director

1 October 2013

IPSA Group PLC

("IPSA" or "the Company")

Appointment of Director

IPSA PLC (AIM: IPSA), the developer, owner and operator of power generation capacity in Southern Africa, announces the appointment as a Director of Mark Christopher Otto, a South African as part of the Company's strategy to focus on South Africa.

Mark takes up the appointment today as a director of IPSA and also of the Company's subsidiary Newcastle Co-generation (Pty) Limited of which he has also been appointed General Manager.

Further Information

Mark Christopher Otto (aged 51)

Mark has extensive experience of both Africa, and the energy and process industries. Since 2009 he has acted as a consultant on strategy, leadership, and governance for Iyanla Quantum Qubed (Pty) Ltd., assisting clients including IPSA. Prior to this he was Managing Director of Alstom Africa Holdings Pty. Ltd., having previously held management positions with Lurgi (Pty.) Ltd., ThyssenKrupp Engineering (Pty) Ltd., IMS Process Plant (Pty) Ltd. and National Chemical Products.

Mr. Otto currently holds the following directorships :

Gas Options (Pty) Ltd.

And has held the following directorships within the past five years :

Alstom Africa Holdings (Pty) Ltd

Alstom South and East Africa (Pty) Ltd

Dormell Properties (Pty) Ltd

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

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