Statement re Share Price Movement

6 November 2013 PowerHouse Energy Group plc (the "Company" or "PowerHouse") Statement re share price movement The Company notes the recent substantial increase in the price and tradingvolume in the shares of the Company and wishes to state that it is not aware ofany reason for such movement. As previously announced, the Company is continuing with the testing programmeand customer demonstrations and maintains its expectation of the firstcommercial delivery in early 2014. As also previously announced, the Company isalso continuing the process to obtain full EU Compliance Certification for thesmaller 5 tonne per day unit which it expects to achieve later this month. For additional information please contact: PowerHouse Energy Group plcKeith Allaun+44 (0) 20 7079 4407 Sanlam Securities UK Limited (NOMAD and Broker)David Worlidge/Simon Clements+44 (0) 20 7628 2200 Note to Editors: PowerHouse is the holding company of Pyromex AG, the owner of patented modularUltra High Temperature gasification technology. By operating at above 1,000degrees Celsius, the Pyromex Ultra High Temperature Gasification Reactorconverts any organic matter into a stream of synthesis gas from which allpotential toxins, tars, or pollutants have been completely degraded andrendered safe. The system effectively reduces the volume of waste by over 95per cent. leaving only a non-toxic, non-leaching grit which can be used in theconstruction industry.