INDIAN SUBSIDIARY FINANCIAL RESULTS

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

31 May 2016

Mytrah Energy Limited

("Mytrah" or the "Company")

INDIAN SUBSIDIARY FINANCIAL RESULTS (UNDER INDIAN GAAP) FOR THE YEAR ENDED 31 MARCH 2016

Mytrah, the India-based renewable focused Independent Power Producer, is pleased to announce that its Indian subsidiary, Mytrah Energy (India) Private Limited ("MEIPL"), the non-convertible bonds of which are listed and traded on the BSE Limited ("BSE"), has filed with the BSE its financial results for the twelve months ended 31 March 2016.

Full details of the MEIPL results are available on the Mytrah website (www.mytrah.com) and the BSE website (www.bseindia.com). MEIPL reports under Indian GAAP whereas Mytrah Energy Limited reports under IFRS.

On 13 May 2016, the Company reported that it had made strong operational progress with the commissioning of an additional 210 MW, taking Mytrah's operating wind portfolio to 826.4 MW, which was 83 MW ahead of the Company's target for the start of the wind season. Mytrah announces today that the performance of the operating portfolio in the first quarter of CY2016 is in line with market expectations.

For further information, please visit www.mytrah.com or contact:

About Mytrah Energy Limited

Mytrah Energy Limited (AIM: MYT) is a pioneer and one of the largest Independent Power Producers ('IPP') in renewable energy in India, with 826.4 MW of wind power generation across 14 projects and 7 States. The Company has 211 wind masts installed across multiple states in India, providing a rich source of information from which to select its future projects. Mytrah currently has an active development pipeline of about 3000 MW of wind and 500 MW of solar.