Result of General Meeting

23 September 2010

Renewable Energy Holdings plc

("REH" or the "Company")

Result of General Meeting

Further to the announcement made by the Company on 6 September 2010 and the circular to shareholders dated and posted 7 September 2010 (the "Circular"), REH is pleased to announce that, at a General Meeting of the Company held earlier today, the resolution to approve the disposal by the Company's wholly owned subsidiary, REH Global Limited, of its entire interests in Windpark Kesfeld Heckhuscheid GmbH & Co KG and Windpark Kirf GmbH & Co KG to Allianz Renewable Energy Management GmbH for a total net cash consideration of up to €39.8 million, comprising up to €37.8 million of Initial Consideration (prior to repayment of debt as previously announced) and up to €2.0 million of Deferred Consideration, was duly passed.

Closing and payment of the Initial Consideration is currently expected to occur by 30 September 2010 and a further announcement will be made at such time.

Unless the context otherwise requires, the defined terms used in this announcement shall have the meanings given to them in the Circular, which is also available on the Company's website at www.reh-plc.com.

Mike Proffitt, Chief Executive of REH, commented:

"This transaction is an important step in REH's focus on developing its permitted wind farms and allows the Company to further explore its development opportunity in Poland."

- Ends -

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