Circ re. Annual General Meeting

14 August 2013

Alternative Energy Limited

("Alternative Energy" or "the Company")

Notice of AGM

The Company announces that it has, today, posted a Notice of Annual General Meeting ("Notice") to the shareholders of the Company convening an Annual General Meeting of the Company ("AGM") to be held on 30 August 2013 at 2.30 p.m. at the Red Azalea Room, Mezzanine Level, Shangri-La Hotel, 22 Orange Grove Road, Singapore 258350.

A copy of the Notice is available from the Company's website, www.alternativenergy.com.sg.

ENDS

About Alternative Energy

Alternative Energy Limited is headquartered in Singapore. Through its team of Singapore based engineers, Alternative Energy has developed a number of technologies including its patented roof based energy system, the eRoof. The Company is now producing its third generation eRoof for commercial roll out this year. The Company is also developing a number of energy saving technologies designed to reduce power consumption, led by its LED lighting systems, which will combine with its energy generation systems to enable the creation of energy self sufficient buildings.

'NOW THE WORLD HAS AN ALTERNATIVE' TM

For further information please see the Company's website: www.alternativenergy.com.sg or please contact:

Richard Lascelles, Independent Non-executive Director Tel: 020 7408 1067

Roland Cornish and Emily Staples, Beaumont Cornish Limited Tel: 020 7628 3396

Eric Goh, Executive Director Tel: +65 68737782