Result of AGM

17 July 2014

GREKA ENGINEERING & TECHNOLOGY LTD.

("Greka Engineering" or the "Company")

Result of Annual General Meeting

Greka Engineering & Technology Ltd. (AIM: GEL), the unconventional gas sector engineering and technology business with pipeline, gas compression and power generation assets in China, announces that at its Annual General Meeting held earlier today all resolutions were duly passed.

For further information on the Company and its activities, please refer to the website at www.grekaengineering.com or contact:

About Greka Engineering & Technology

Greka Engineering & Technology Ltd. (AIM: GEL) was demerged from Green Dragon Gas Ltd. (AIM: GDG) via a dividend in specie and was admitted to trading on AIM in September 2013.

Greka Engineering offers turnkey solutions to over 100 upstream, midstream and downstream gas suppliers. The Company's technologies include Compressed Natural Gas/Liquefied Natural Gas (CNG/LNG) compressor equipment, CNG retail dispenser equipment and CBM wellhead extraction technologies. The Company also supplies proprietary Integrated Circuit Card Point of Sale (ICC POS) and Supervisory Control and Data Acquisition (SCADA) software and hardware solutions for the remote management of transmission systems, power facilities, vehicle management and retail services.

In addition, the Company invests in, operates and maintains wholly owned assets for its customers in return for service contracts based on the volume management.

The Company has historically completed several Engineering, Procurement, Construction and Management (EPCM) contracts including the design, construction and management of gas gathering systems, a gas pipeline in Shanxi Province to the China West-East pipeline, the installation and commissioning of a 10MW gas-fired power facility in the Shanxi province and the construction of CNG retail stations.

Further information about the Company is available on www.grekaengineering.com.