Update on annual accounts and financing

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1 May 2018

Green & Smart Holdings plc

("Green & Smart" or "G&S" or "the Company")

Update on Publication of Annual Accounts and Financing Discussions

Green & Smart Holdings plc (AIM: GSH), a renewable energy company generating power from biogas captured through the treatment of palm oil mill effluent ("POME") in Malaysia, provides an update on its discussions with a potential new institutional investor and the publication of its annual report and accounts for the year ended 30 September 2017 (the "Annual Report").

Discussions with the potential new institution are continuing with terms yet to be finalised and the Company will provide further updates as appropriate.

The Company announced in March 2018 that it would not be in a position to publish its Annual Report by 29 March 2018. Progress has been made on the Company's audit and that of its subsidiaries, however as the audit is still ongoing, the Company now expects to publish its Annual Report in June.

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