Issue of shares

For immediate release 1 October 2014

Energy Assets Group plc

("Energy Assets", the "Company" or the "Group")

Issue of shares

Energy Assets Group plc (LSE: EAS.L), the largest independent provider of industrial and commercial (I&C) gas metering services in the UK1, today announces that it has issued 16,890 Ordinary Shares at nominal value of £0.01 to RBC cees Nominees Limited, as trustee for the Company's IPO Award Plan. The shares were issued in connection with the exercise of share options issued under this plan. 

The new Ordinary Shares represent approximately 0.06% of the Company's existing issued share capital andwill rank pari passu with the existing Ordinary Shares of the Company. 

Application has been made to the UK Listing Authority and the London Stock Exchange for these shares to be admitted to the Official List (premium listing segment) and to trading on the London Stock Exchange. Admission is expected to occur around 3 October 2014.

Enquiries

For further information visit www.energyassets.co.uk or contact:

Notes to Editors:

Energy Assets provides gas metering and related services in the I&C segment of the UK gas market and is the largest independent provider of I&C gas metering services in the UK, by number of assets owned and managed. The Group offers gas suppliers and end-user consumers of gas a broad spectrum of metering services from the provision and management of new and replacement meters through its MAM Services division to the procurement and project management of related gas infrastructure works and the collection and provision of gas consumption data through the Group's Siteworks and AMR divisions.

Energy Assets is listed on the Main Market of the London Stock Exchange.

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1 By number of meters owned and managed