Result of EGM

27 June 2011

Greenko Group plc

("Greenko", the "Company")

EGM approval

Greenko (GKO), a clean energy generator and supplier to the mainstream Indian energy market, announces that further to the announcement on 1 June 2011, the Company is pleased to confirm that all resolutions were passed today at the Company's EGM. It is expected that admission to AIM ("Admission") will occur, and dealings in the 22,222,223 ordinary shares will begin, at 8.00 a.m. on 28 June 2011.

As detailed in the Company announcement on 1 June 2011, the Company and ACMK Enterprises Limited, a company controlled by the Executive Directors of the Company, have entered into a conditional subscription agreement pursuant to which ACMK Enterprises Limited will subscribe, and the Company can require it to subscribe, for 2,222,222 new ordinary shares at the placing price of 225p, such subscription to be completed by not later than the first anniversary of Admission.

Following the Admission above, the Company will have 141,640,460 ordinary shares in issue and, following completion of the subscription, the Company will have 143,862,682 ordinary shares in issue (assuming no other new ordinary shares have been allotted in the meantime).

-ENDS-

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Notes to editors

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 Company is building a de-risked portfolio of wind, hydro electric, 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 by 2015. Current operational capacity is 182.6 MW, split between 104.3 MW of hydro, 41.5 MW of biomass and 36.8 MW of 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 was admitted to trading on the AIM market of the London Stock Exchange in November 2007.