Issue of Equity

2 August 2013

                          PowerHouse Energy Group plc                          

                        (the "Company" or "PowerHouse")                        

                                Issue of equity                                

The Company announces that it has allotted, subject to admission to trading to
AIM, 1,100 ordinary shares following the exercise of a warrant issued on 31
March 2011 pursuant to a warrant instrument of the same date ("the Warrant").
The Warrant was exercised at a price of 18p per share.

Application has been made for the 1,100 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 8 August 2013.

Following the issue of these shares, the Company will have 286,535,526 ordinary
shares in issue.

For additional information please contact:

PowerHouseEnergy Group plc

Keith Allaun

[phone]

SanlamSecurities UK Limited (NOMAD and Broker)

David Worlidge

[phone]