NEWARK NJ - January 11, 2016: The board of directors of Genie Energy Ltd., (NYSE: GNE, GNEPRA) today declared a fourth quarter 2015 dividend of $0.1594 per share of its Series 2012-A Preferred Stock.

The dividend will be paid on February 16, 2016 to preferred stockholders of record as of the close of business on February 5, 2016. The ex-dividend date is February 3, 2016.

The distribution will be treated as a return of capital for tax purposes.

Genie Energy announces declarations for GNEPRA Series 2012-A Preferred Stock dividends via Form 8-K filings with the Securities and Exchange Commission and press releases posted on the investor relations pages of the Genie Energy website http://genie.com/investors/investor-relations/.

About Genie Energy Ltd.:

Genie Energy Ltd. (NYSE: GNE, GNEPRA) is comprised of two operating divisions, Genie Retail Energy (GRE) and Genie Oil and Gas (GOGAS). GRE operates retail energy providers and brokerage and marketing services. GRE's retail energy providers market electricity and natural gas to residential and small business customers primarily in the Eastern United States. GOGAS is a global oil and gas exploration company including an exploratory program in Northern Israel. For more information, visit www.genie.com.

Genie Energy Ltd. issued this content on 2016-01-11 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 22:35:27 UTC

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