EAS.L Regulatory News (EAS)

For immediate release 11 April 2013

Energy Assets Group plc

("Energy Assets", the "Company" or the "Group")

Directorate change

Energy Assets Group plc (LSE: EAS.L), the largest independent provider of industrial and commercial (I&C) gas metering services in the UK (by number of meters owned and managed)is pleased to announce the appointment of David Goldie as a Non-Executive Director of the Company with immediate effect. He will also join the Audit Committee and assume the role of Chairman of the Remuneration Committee. 

David is an economics graduate and has over 25 years experience within the telecoms industry. He was Chief Executive of mobile phone service provider Martin Dawes and fixed line telecommunications company Opal Telecom.

When Opal Telecom was sold to Carphone Warehouse in 2002, David was appointed divisional head of their telecommunications unit and, as part of this role, founded TalkTalk which now has annual revenues in excess of £1.7 billion. He was an executive member of the Board of Carphone Warehouse Group plc between 2005 and 2008 during which time the Company was promoted from the FTSE 250 to the FTSE 100. David subsequently became a Board Director of TalkTalk Telecom Group plc when it de-merged from Carphone Warehouse in 2010 and remains in this post at present.

David's previous non-executive board experience includes The Northwest Regional Development Agency and The Cheshire Building Society.

There is no further information to be disclosed in accordance with Listing Rule 9.6.13.

Chairman Chris Masters commented:

"Personally, and on behalf of the Board, I am delighted to welcome David Goldie as a Non-executive Director of Energy Assets. David brings a wealth of valuable experience to the Group, particularly in the areas of data management and growing service revenues in business to business markets. We all look forward to working together with him as we continue to grow and develop the Company."

Enquiries

For further information visit www.energyassets.co.uk or contact:

Notes to Editors:

Energy Assets provides gas metering and related services in the I&C segment of the UK gas market and is the largest independent provider of I&C gas metering services in the UK (by number of meters under management). The Group offers gas suppliers and end-user consumers of gas a broad spectrum of metering services from the provision and management of new and replacement meters through its MAM Services division to the procurement and project management of related gas infrastructure works and the collection and provision of gas consumption data through the Group's Siteworks and AMR divisions.