Result of AGM

For immediate release: 29 June 2012

Specialist Energy Group plc

("Specialist Energy" or the "Company")

Result of AGM

Specialist Energy Group plc (AIM: SEGR.L), the specialist engineering group, is pleased to announce that its Annual General Meeting ("AGM") held today at the offices of Irwin Mitchell LLP, 40 Holborn Viaduct, London EC1N 2PZ, all resolutions were duly passed by Shareholders.

At the meeting Specialist Energy's Chief Executive Officer, Ewan Lloyd-Baker, made the following comments:

"Further to our announcements in April and May, I am pleased to notify Shareholders that the Company expects to be able to announce the completion of its re-banking with Standard Chartered imminently. However, it should be noted that the lack of adequate banking facilities in the first half of the year has impacted on our performance in spite of the positive business development activity in the period. We will make further announcements in due course."

-Ends-

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