G3 Exploration Regulatory News (G3E)

27 October 2014

GREEN DRAGON GAS LTD.

First Day of Dealings on the Main Market of the London Stock Exchange

Further to previous announcements, Green Dragon Gas ("the Company") announces that its ordinary shares will today be admitted, with a standard listing, to the Official List of the United Kingdom Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities ("Main Market") (together "Admission"). Dealings in the Company's ordinary shares will commence on the Main Market at 8.00 a.m. GMT and trading in the Company's ordinary shares on the AIM market of the LSE will be cancelled concurrently.

The Company is not raising any funds or issuing any new ordinary shares in connection with Admission. The Company's TIDM code on the London Stock Exchange will remain 'GDG' and, on Admission, there will be 142,316,289 ordinary shares in issue.

The prospectus, prepared by the Company in connection with the Admission, is available on the Company's website at www.greendragongas.com. It is also available for inspection at the office of Memery Crystal LLP, 44 Southampton Buildings, London, WC2A 1AP, during normal business hours.

The Company will be conducting a Capital Markets Update presentation at 12:30pm on Tuesday 28 October 2014. The presentation will be broadcast via webcast at http://view-w.tv/906-1217-15058/en and teleconference via the following dial in:

UK: 0808 109 0700 Hong Kong Toll Free: 800 900 476

Standard International Access: +44 (0) 20 3003 2666

Password: Green Dragon Gas

Additionally, a copy of the presentation slides will be available via the Company's website: www.greendragongas.com

ENDS

About Green Dragon Gas

Green Dragon is a focused upstream (Exploration & Production) company, concentrating on its core asset value proposition over eight blocks, two of which are producing. The Company's blocks are located within six Production Sharing Contracts across four Provinces: Shanxi, Anhui, Jiangxi and Guizhou.