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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

Mytrah Energy Limited ("Mytrah Energy" or the "Company")

Grant of Options

Mytrah Energy, the India-based independent power producer, announces that it has granted the following share options to the Company's Non-Executive Directors:

Director

Exercise price (pence)

Number of Options

Date granted

Exercisable until

Rohit Phansalkar

95

21,300

10/01/2013

09/01/2023

Russell Walls

95

21,300

10/01/2013

09/01/2023

The options will vest in equal tranches over three years and are exercisable on vesting.

Following the grant of the options, the interests of the Non-Executive Directors in the share capital of the Company are as follows:

Director

Total number of Options held over Ordinary Shares

Number of Ordinary Shares held

Rohit Phansalkar

60,000

-

Russell Walls

60,000

30,000

For further information please visit www.mytrah.com or contact:

Mytrah Energy Limited

Ravi Kailas, Chairman and CEO                          +91 40 3376 0102

Strand Hanson Limited

James Harris / Richard Tulloch / Angela Hallett     +44 (0)20 7409 3494

Investec Bank plc

Chris Sim / Jeremy Ellis                                     +44 (0)20 7597 5970

Mirabaud Securities LLP

Peter Krens / Rory Scott                                     +44 (0)20 7878 3360

St Brides Media & Finance Limited

Elisabeth Cowell / Frank Buhagiar                       +44 (0)20 7236 1177


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