Result of Open Offer

Energetix Group plc

("Energetix" or "the Company")

Result of Open Offer

Energetix Group plc, (AIM: EGX), which develops and commercialises alternative and efficient energy products, announces the result of the Open Offer which closed earlier today.

On 28 September 2012, the Board of Energetix announced details of a Placing and Open Offer in which it had conditionally raised net proceeds of £12.0 million by means of the Firm Placing through the issue of 42,857,143 Placing Shares at 28p per share and an Open Offer, at the same price, to provide shareholders who had not taken part in the Placing with an opportunity to invest in the Company.

The Open Offer has now closed in accordance with its terms and Energetix announces that it has had a very strong response and has received valid acceptances under the Open Offer in respect of 6,226,855 Offer Shares from Qualifying Shareholders, which represents a take-up of approximately 87.8% of the total Offer Shares being offered and gross proceeds of approximately £1.7 million. As a substantial number of shareholders had already participated in the Firm Placing, the Board is very pleased with the take up which was made possible by the over allotment option, representing 43.3% of the to be issued Offer Shares. The Board believes that this is reflective of the strong shareholder support and underlying demand for the stock.

Application has been made for the 6,226,855 New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 25 October 2012.

Terms defined in the Circular published by the Company on 28 September 2012 shall have the same meaning in this announcement unless the context requires otherwise.

In conformity with rule 5.6.1 of Disclosure and Transparency Rules, the Board of the Company notifies the market of the following:

The total number of ordinary shares of 5p each in Energetix in issue following admission of the Offer Shares will be 132,505,606 with each share carrying the right to one vote. There are no shares held in Treasury. The total number of voting rights in the Company will following admission of the Offer Shares therefore be 132,505,606. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Energetix under the FSA's Disclosure and Transparency Rules.