Re Carnegie: Presentation

14 February 2012

Renewable Energy Holdings plc

("REH" or the "Company")

Re Carnegie: Presentation

Renewable Energy Holdings plc (AIM: REH), the AIM quoted investor in, and operator of, European wind power, notes an announcement released on 13 February 2012 by Carnegie Wave Energy Limited, in which REH holds 232,600,000 fully paid ordinary shares, representing 25.8% of the entire issued share capital.

"13 February 2012

Irish Marine Renewables Industry Association Presentation

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) was pleased to present its proposed Irish demonstration project at the Marine Renewables Industry Association's (MRIA) Ocean Energy Industry Forum 'Putting our Marine Renewables Resources to Work' in Dublin.

The presentation was given by Kieran O'Brien, Carnegie's Dublin-based Executive Director of European Business Development, on Friday 10 February 2012 and presented details of the proposed 5 MW CETO commercial demonstration project. The presentation is part of a wider stakeholder engagement program to inform the community of the proposed project at an early stage and identify and address any key issues.

About Carnegie

Carnegie Wave Energy Limited is an Australian, ASX-listed (CWE) wave energy technology developer. Carnegie is the 100% owner and developer of the CETO Wave Energy Technology intellectual property."

The abovementioned presentation is available to view on Carnegie's website www.carnegiewave.com

ENDS

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