Issue of Equity

12 Oct 2012 15:50

12 October 2012 PowerHouse Energy Group plc (the "Company" or "PowerHouse") Issue of equity

Further to the final results announcement released on 9 October 2012 the Company can confirm that application has been made for the 520,000 new ordinary shares to be admitted to trading on AIM. Admission of such shares is expected to become effective and dealings are expected to commence on AIM on 15 October 2012.

Following the issue of these shares, the Company will have 285,034,426 ordinary shares in issue.

For additional information please contact:

PowerHouseEnergy Group plcKeith Allaun+44 (0) 20 7079 4402

Merchant Securities Limited (NOMAD and Broker)

David Worlidge/Simon Clements

+44 (0) 20 7628 2200