Echo Energy Regulatory News (ECHO)

Echo Energy plc

("Echo Energy" or the "Company")

Further Institutional Funding

Further to the institutional loan with Greenberry plc announced on 15th May, the Company is delighted to announce that the lender has purchased the further principal of €5,000,000 bringing the total debt facility to Euro 20,000,000.

Greenberry plc is one of the Company's two cornerstone investors.

This positions the Company with circa £26M cash, once the various equity and debt transactions have completed.

For further information please contact:

ZAI Corporate Finance Limited - Nominated Adviser +44 (0) 20 7060 2220

John Treacy

Brandon Hill Capital Limited - Broker +44 (0) 20 3463 5000

Jonathan Evans / Oliver Stansfield

The information communicated in this announcement is inside information for the purposes of Article 7 of Market Abuse Regulation 596/2014 ("MAR").