Directorate Change

Energetix Group plc

("Energetix" or the "Company")

Directorate Change

Energetix Group plc, (AIM: EGX), which develops and commercialises alternative and efficient energy products, announces the appointment of Tony Stiff as Commercial Director, with immediate effect.

Tony brings with him a wealth of experience of the UK energy market, especially the commercialisation of disruptive technologies.

Most recently, Tony was Commercial Director of Bglobal plc ("Bglobal"), the AIM-listed smart-metering company. At Bglobal Tony helped prove the concept of their smart-metering products and was responsible for securing commercial contracts with leading energy suppliers which ultimately brought the business into profitability and set down the foundations for future growth opportunities.

In 2000 Tony founded Atlantic Electric and Gas Limited, a business backed by US-based Sempra Energy inc. The business quickly became one of the UK's leading independent energy suppliers, with over 300,000 customers and revenues exceeding £250m. Tony then oversaw the shareholders' exit strategy and in conjunction with the administrative receivers of the company the business was sold to Scottish & Southern Energy.

In 1994 Tony founded Webbins Limited ("Webbins"), in order to exploit the gap in the market for a software product that customers could use to evaluate energy contracts. Having grown Webbins into a company with over 100 staff and £10m turnover, Tony negotiated the sale of the company to MMT Computing plc, and continued to manage the business for three years afterwards.

Tony initially trained as an electrical engineer and has held various positions with the Central Electricity Generating Board, Eastern Electricity plc and Powergen plc.

Adrian Hutchings, Chief Executive Officer of Energetix, commented: "Tony's record of delivering commercial success in the energy sector speaks for itself and we're delighted to have been able to attract someone of his calibre and expertise. We're confident given the huge potential of our products that Tony's skills will be put to good use as we execute our commercial strategy."

For further information:

Additional Information

Anthony David Stiff, aged 50, holds no shares in the Company and other than as set out below there is no further information to be disclosed under schedule 2(g) and Rule 17 of the AIM Rules in respect of Mr Stiff's appointment today as a Director of the Company.

Anthony Stiff is a director / partner or has been a director / partner of the following companies / partnerships during the previous five years:

Anthony Stiff was a director of Atlantic Electric and Gas Limited which on 28 April 2004 went into Administrative Receivership. The company had a deficit to unsecured creditors (as set out in the Administrative Receiver's report to creditors) of £88.5m. The winding up of the company was completed on 9 September 2009..

Grant of share options

The Company has agreed to grant Tony Stiff options over 1,954,650 ordinary shares of 5p each in the Company (equivalent to 3% of the Company's current issued share capital) at an exercise price of 29.75p per share. Of these, one third of the options (over 651,550 shares) may be exercised at any time (i) after six months following his appointment if at the time of exercise the mid market share price is 100 pence or more or (ii) after the Board has resolved there has been a major value creation event. The next third of options (over 651,550 shares) may be exercised at any time (i) after six months following his appointment if at the time of exercise the mid market share price is 200 pence or more or (ii) after the Board has resolved there has been a major value creation event. The remaining shares may be exercised at any time after the Board has resolved there has been a major value creation event. If the mid market share price has been 300 pence or more for a continuous period of at least 90 trading days this will deemed to be a major value creation event.

About Energetix Group plc

Energetix Group plc is a developer of cost-effective products to meet the growing global demand for alternative energy, with particular focus on distributed generation, energy storage, and energy efficiency. Currently Energetix has two subsidiary businesses:

Genlec  - distributed energy generation for domestic dwellings.

Pnu Power - back-up power for the Telecom, Technology and power transmission markets.

In addition, Energetix has a c.43% stake in VPhase plc, an energy efficiency business Energetix created and subsequently spun out of Energetix in 2010. VPhase is now a standalone independently funded commercial venture.

With all technology development now completed Energetix is well positioned as both its subsidiaries move into the latter phases of commercialisation with their best-of-breed solutions.

Genlec

Genlec has developed a highly efficient, compact and light weight, wall mounted microCHP (Combined Heat and Power) appliance known as the Kingston Boiler. The Kingston boiler is specifically designed to generate 1kW of electrical power to meet the UK's Microgeneration Certification Scheme (MCS) to enable UK owners to receive the Government's 10p/ kWh feed in tariff for approved microCHP devices. The Kingston boiler therefore has an inherent low total cost of ownership (initial outlay plus maintenance) and has already demonstrated industry leading payback cycles which many analysts believe is the key to unlocking this significant market opportunity.

CE certification of the boiler has been obtained and initial units have been installed in employee homes. It is expected that a new version of the Kingston boiler will be deployed to several potential high volume customers during the 2011 winter heating cycle for testing and verification. Genlec is currently developing its supply chain and sales channels to address this significant and rapidly growing market opportunity.

Pnu Power

Pnu Power focuses on the provision of compressed air back-up power which can ensure an uninterruptible power supply for critical systems, particularly for the telecoms, data centre and power transmission markets. Pnu Power range has been extended to include the DC100 product that can now meet the demand of the rapidly growing Green Data Centre market, providing a low carbon alternative to flywheels. Pnu Power has been successful in achieving repeat trial sales and is now poised to move out of the trial sales phase and into full volume commercial sales.

Energetix Group joined AIM in August 2006. The Group and its subsidiaries and associates are all based near Chester, NW England.