Third Term Contract Renewal With Shell

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

Third Term Contract Renewal With Shell

Graphene NanoChem (AIM: GRPH), the performance nanochemicals and advanced materials company, is pleased to announce that Platinum NanoChem Sdn Bhd, its wholly-owned subsidiary, has been awarded a contract renewal by Shell Malaysia for the supply of up to 5 million litres per month of PlatAmber, the Group's biofuel product derived from palm waste for the Malaysian market.

The contract with Shell Malaysia, renewed for the third term, is for a further period of one year, commencing 1 November 2014. PlatAmber is used as an additive into road-grade diesel to assist with compliance with the Malaysian Government's B5 mandate, which requires a mixture of 5% biofuel in diesel products. The Malaysian Government plans to increase this to a B7 mandate, increasing the threshold to 7%, in 2015, following which the Group expects the market for the product to increase from 500,000 tonnes to 700,000 tonnes per annum.

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "We are pleased to announce this latest contract renewal with Shell Malaysia, and look forward to supporting our long term partner in the fulfillment of its obligations under the mandate."

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About Graphene NanoChem

Graphene Nanochem plc is a technology commercialisation company that operates two commercial platforms, the Advanced Chemicals platform that manufactures renewable chemical products for high growth sectors and the Advanced Materials platform that focuses on graphene nanomaterials applications for selected industries targeting high performance use.

To find out more, please visit www.graphenenanochem.com.