21 May 2015

Alkane Energy plc

("Alkane")

Ofgem Statement

Alkane Energy notes the statement placed today on Ofgem's website regarding whether a number of companies including Alkane Energy have complied with the requirements of Rule 5.13.1(b) of the Capacity Market Rules.

Alkane does not believe it is in breach of the Capacity Market Rules and will fully cooperate with Ofgem's investigation.

-Ends-

For more information please contact:

Alkane Energy plc

Neil O'Brien, Chief Executive Officer

01623 827927

Liberum Capital Limited

Clayton Bush

Joshua Hughes

020 3100 2000

Hudson Sandler

Alex Brennan

020 7796 4133

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