Renewable Energy : Update of Welsh Wind Farm and Directorate Change

1 December 2014

Renewable Energy Holdings PLC

("Renewable Energy Holdings" or the "Company")

Update of Welsh Wind Farm Project and Directorate Change

Renewable Energy Holdings plc (AIM: REH), is pleased to announce that following the Preliminary Hearing with the Planning Examiner on 20th November the Mynydd y Gwynt project now moves into the six month examination phase.

The examination stage of the process takes a maximum of six months and is followed by a decision stage during which time the examiner has three months to issue his recommendation to the Secretary of State for Energy and Climate Change. The Secretary of State has a further three months to issue a decision.

The application is for 27 wind turbines of 3-3.3MW each, giving a capacity between 81-89.1MW. For more information on the process and the latest status of the project see the Planning Inspectorate websitehttp://infrastructure.planningportal.gov.uk/

Further Renewable Energy Holdings is pleased to announce the appointment of Mr. Alex Bush to the board of directors of the Company as Finance Director with immediate effect.

Mr. Bush is already highly familiar with the business of the Company, having served as Financial Controller from 2008 to 2010 and subsequently as Finance Director and Company Secretary until 2013, before becoming Group Finance Director of Knox Group PLC. Mr Bush continued working for Renewable Energy Holdings on a part time basis until he rejoined the Company on 10 November 2014.

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies.

Alexander Murray Bush (aged 33)

There is no further information to be disclosed under Schedule Two Part (g) of the AIM Rules for Companies.

-ENDS-

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