Result of EGM

Greenko Group PLC

("Greenko" or the "Company")

Results of EGM and admission of shares

The Board of Greenko (AIM: GKO), the Indian owner and operator of clean energy projects, is pleased to announce that further to the announcement on 27 January 2010, at the Extraordinary General Meeting held yesterday, both the resolutions proposed for consideration were duly passed.

As a result of these resolutions being passed, the Company's authorised share capital has increased from 130,000,000 to 190,000,000 Ordinary Shares and it is expected that, subject only to receipt of the placing proceeds, 51,429,000 new Ordinary Shares will be admitted to trading on AIM on 23 February 2010.

Following the admission of 51,429,000 new Ordinary Shares, the Company will have 119,418,237 Ordinary Shares in issue. 

For further information please contact:

Greenko Group PLC

Anil Chalamalasetty +91 (0)98 4964 3333

Mahesh Kolli +91 (0)99 4958 6332

Arden Partners plc (Nomad and broker)

Chris Hardie +44 (0)20 7614 5900

Adrian Trimmings 

Cardew Group

Rupert Pittman +44 (0)20 7930 0777

Jamie Milton

Catherine Maitland 

NOTES TO EDITORS

Background

Greenko intends to become a leading owner and operator of clean energy projects in India. Greenko currently has 121 MW of capacity of clean energy assets including six biomass and three hydro plants and 350 MW of concessions under development. The Company is focused on developing a portfolio of biomass, hydro electric and wind assets within India and intends to increase the installed capacity it operates through a combination of purchasing projects as well as the winning of concessions to develop new greenfield assets.