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 David Grundy (aged 44), until recently Managing Partner (North West) at Grant Thornton UK LLP ("Grant Thornton"), as Non Executive Director, with immediate effect.

David joined Grant Thornton in 1989 and qualified as a Chartered Accountant in 1992. In 2000 David was appointed a Partner, one of the youngest partners in the firm, at the age of 31. David worked primarily in the Corporate Finance team but also acquired secondary audit responsibilities. David was integral to the flotation of Energetix in 2006 as lead partner and Reporting Accountant for the IPO.

In 2006, David was appointed National Head of Transaction Services, including the oversight of the development of Transaction Services offering across Grant Thornton International. David was then appointed in 2009, as Managing Partner for the North West practice of Grant Thornton, encompassing offices in Liverpool and Manchester which employs in excess of 300 staff. David brings with him a wealth of experience and knowledge to the board.

Adrian Hutchings, Chief Executive Officer of Energetix, commented: "David joins us at an exciting time as we prepare to launch our unique boiler for free model. His skills will be invaluable to the group as we move from the development phase to full commercial operation.

Over the past 18 months we have significantly strengthened the EGX board and will continue to do so as we enter the next exciting phase of the Company's development."

For further information:

Additional Information

David Grundy 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 his appointment as a Director of the Company.

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

About Energetix Group plc

Energetix Group plc is a developer of cost-effective products to meet the growing global demand for alternative energy. Currently Energetix has three subsidiary businesses:

Genlec - distributed energy generation for domestic dwellings

Kingston Energy - retail energy provision (electricity & gas)

Pnu Power - compressed air back-up power for the protection of essential systems

In addition, Energetix has a c.27% stake in VPhase plc, an energy efficiency business created by Energetix and subsequently spun out in 2010. VPhase is now a standalone independently funded commercial venture.

With all technology development now completed Energetix is well positioned as it moves to the commercialisation stage of its corporate development.

Genlec & Kingston Energy

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 12.5p/ 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.

On 29 February 2012 Energetix announced that it would create a unique dual fuel energy company, provisionally named Kingston Energy, which will provide free Kingston microCHP boilers to its customers in return for a commitment to buy gas and electricity from Kingston Energy, with a guarantee that energy prices will not exceed those of the major energy suppliers.

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 and Ipswich, Suffolk.