Issue of Equity

9 August 2012

Greenko Group plc

("Greenko" or "the Company")

Issue of Equity

As announced on 28 June 2012, Greenko, the Indian developer, owner and operator of clean energy projects, has raised £5 million through the subscription for 2,222,222 new ordinary shares of EUR 0.005 each ("Ordinary Shares"), at a price of 225 pence per share, by ACMK Enterprises Ltd ("ACMK"), a company controlled by Anil Chalamalasetty and Mahesh Kolli, the Executive Directors of the Company.

An application has been made to AIM for the listing of the 2,222,222 Ordinary Shares, which will rank pari passu with the existing Ordinary Shares and it is expected that these new Ordinary Shares will be admitted to trading on 14 August 2012. Following the admission of the new Ordinary Shares to AIM, the Company will have 150,661,606 Ordinary Shares in issue, and ACMK will own a total of 21,643,146 Ordinary shares, representing 14.4% of the enlarged and issued share capital of the Company.

-Ends-

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

Greenko Group plc

Dr. Vivek Tandon, Non-Executive Director +44 (0)20 7614 5917

Vinodka Muria, Non-Executive Director

Mark Thompson +44 (0)20 7614 5917

Arden Partners plc

Richard Day / Adrian Trimmings +44 (0)20 7614 5917

Tavistock Communications

Matt Ridsdale / Mike Bartlett +44 (0)20 7920 3150

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, hydropower, 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 in 2015. Operational capacity is 260 MW, split between wind power, hydro power, 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.