TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:

ENERGY ASSETS GROUP PLC ("EAS")

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation:

BRYAN ROSS LAWRENCE

OAKCLIFF CAPITAL PARTNERS LP

4. Full name of shareholder(s)  (if different from 3.):

BRYAN R. LAWRENCE IRA ROLLOVER

OAKCLIFF CAPITAL PARTNERS LP

5. Date of the transaction and date onwhich the threshold is crossed orreached:

22.12.2014 (5% passed)

6. Date on which issuer notified:

13.01.15

7. Threshold(s) that is/are crossed orreached:

5%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

ISIN - GB00B78CNY10

ORD 1P SHARES

1,350,385

4.94%

BELOW 3%

BELOW 3%

1,394,835

BELOW 3%

5.10%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,394,835

5.10%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

OAKCLIFF CAPITAL PARTNERS LP IS THE LEGAL OWNER OF 1,394,835 SHARES IN EAS WHICH EQUATES TO 5.10% OF TOTAL VOTING RIGHTS IN EAS.

OAKCLIFF CAPITAL PARTNERS LP IS MANAGED BY ITS GENERAL PARTNER (OAKCLIFF CAPITAL MANAGEMENT LLC) AND ITS MANAGEMENT COMPANY (OAKCLIFF PARTNERS LLC) BOTH OF WHICH ARE CONTROLLED BY BRYAN ROSS LAWRENCE.

BRYAN ROSS LAWRENCE, THROUGH THE BRYAN R. LAWRENCE IRA ROLLOVER ACCOUNT, OWNS BELOW 3% OF THE TOTAL VOTING RIGHTS OF EAS DIRECTLY.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

BRYAN ROSS LAWRENCE

OAKCLIFF CAPITAL PARTNERS LP

15. Contact telephone number:

+1-646-873-8505