APR.L Regulatory News (APR)



For Immediate Release

25 October 2012

APR Energy plc ("the Company")

Q3 Interim Management Statement

·; Revenue of $54m during Q3

·; 25MW of new contracts and 233MW of extensions during Q3

·; Successful opening of Malaysian Hub

APR Energy plc (LSE:APR), a global leader in temporary power solutions, today issues an interim management statement to the 25th October 2012, including the Q3 trading period.

TRADING

New contract wins of 369MW and 589MW of contract extensions have been achieved year to date. Group revenues totalled $54 million for the three month period ending 30 September 2012, compared with $57 million over the same period in the prior year on a pro-forma basis.

As at 30 September 2012, total fleet capacity was 1250MW (December 2011: 900MW H1 2012: 1,052MW) with order backlog of over 8,650 MW-Months - an increase in the order book of 34% from the end of 2011.

Given the fundamentals of the markets in which we operate, the timing of contract signature is difficult to forecast and some contract wins have been slower to finalise than management's original expectations. Moreover, the start dates of revenue earning operations for a number of contracts were delayed until later in the quarter. We anticipate our 2012 full year net income to be at the lower end of the range of analyst forecasts.

FINANCIAL POSITION

The Company maintains a balance sheet with gross debt of $200 million (excluding capitalised finance costs). Cash on the balance sheet as of 30 September 2012 was $35 million resulting in net debt of $165 million.

OPERATIONS

In October, we welcomed Brian Rich into the business as head of worldwide sales. Brian has held senior international roles in US-listed power companies in Asia and Africa, most recently as Chief Executive Officer of the AES Africa Power Company, a subsidiary of NYSE-listed AES Corporation, based in Douala Cameroon.

The Malaysian hub was opened at the end of September to support our growth in international power solutions in the region.

During the quarter, the 100MW Uruguay contract for dual-fuel turbines was fully mobilised and installed, with the plant operational ahead of schedule. The use of dual-fuel turbines in the Americas for the first time reflects the balance of speed of delivery and high environmental standards required by the customer base.

Management was disappointed that the 120MW contract in Cyprus was not extended.

OUTLOOK

We continue to see significant structural demand for power solutions in Africa, Latin America, Middle East and South East Asia and this is resulting in a strong commercial pipeline with on-going discussions on a significant number of opportunities.

Pricing remains in line with historical levels. The company expects to continue its progress on improved operating efficiencies and reiterates its medium-term guidance on EBITDA margins. APR Energy remains confident in the medium and long-term trends of structural growth within the temporary power markets and expects to capitalise upon these over the coming quarters.

FORTHCOMING ANNOUCEMENTS

Enquiries:

APR Energy plc

Brian Gallagher +44 (0) 20 3427 3747

+44 (0) 7775 906 076

Citigate Dewe Rogerson Consultancy + 44 (0) 20 7638 9571

Anthony Carlisle + 44 (0) 7973 611 888

Lydia-Claire Halliday + 44 (0) 7866 617 671

About APR Energy

APR Energy specialises in the sale of reliable and efficient electricity through the rapid global deployment of customised, turnkey power solutions. APR's fast-track approach, flexible offerings, and comprehensive operation and maintenance services have established it as a leader in the utility and industrial segments. APR Energy provides its power generation solutions to customers and communities around the world, with an emphasis in Africa, South America, Central America, the Middle East and Asia. APR Energy also implements philanthropic initiatives at each plant location through its Community Development Programme, which aims to build and maintain close relationships in the areas in which it works through projects and donations in health and education.

Certain statements included in this announcement constitute, or may constitute, forward-looking statements. Any statement in this announcement that is not a statement of historical fact (including, without limitation, statements regarding the Company's future expectations, operations, financial performance, financial condition and business) is or may be a forward-looking statement. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forward-looking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. Although any such forward-looking statements reflect knowledge and information available at the date of this announcement, reliance should not be placed on them. Without limitation to the foregoing, nothing in this announcement should be construed as a profit forecast.