Letter of Intent Signed

26 March 2014

                          PowerHouse Energy Group plc                          

                        ("PowerHouse" or the "Company")                        

                   Letter of Intent signed with Polish Group                   

• Pyromex take first steps to enter the lucrative medical waste industry

• Polish Group signs LOI to acquire the first nominal 5 tpd Ultra High
Temperature Gasifier from Pyromex

• Medical waste disposal is a fast growing industry in Europe

The Company announces that Pyromex AG, a wholly owned subsidiary of the
Company, has received a non-binding letter of intent, conditional upon
regulatory approvals and financing amongst other things, to acquire the first
nominal 5 tpd Ultra High Temperature Gasifier from Pyromex for use in the
disposal of medical waste. The Directors are encouraged by this development as
it is estimated that the global medical waste market will have a value of $10.3
billion by 2018 (Source: MarketsandMarkets).

While we have not made our first commercial delivery in early 2014 as the
Directors previously anticipated, we have made good progress in negotiations
with multi-national corporations with multi-unit sales opportunities, and have
begun the redesign of the Munich 25 tpd facility with commercial operations
expected to begin in 2015. We have discovered that the negotiation of these
purchase/lease contracts are far more complex and time consuming when they are
a part of an energy creation/waste reduction eco-system. As we spend more time
with our potential customers and better understand our customers' needs, we
become better positioned to provide not only the technical leadership, but also
assist them in obtaining any financing that is necessary to make a project
viable.

For additional information please contact:

PowerHouse Energy Group plc

Keith Allaun - Executive Chairman
Phone: [phone]
Email: [e-mail]

Sanlam Securities UK Limited (NOMAD and Broker)

David Worlidge/Simon Clements

[phone]

About PowerHouse Energy Group plc

PowerHouse Energy Group plc is an alternative energy company specialising in
the sale of waste to energy systems. PowerHouse's key advantages centre on its
implementation of proprietary technology and a wealth of industry knowledge.
The Company's technologies enable energy recovery from municipal waste streams
that would otherwise be directed to landfills and incinerators; or from
renewable and alternative fuels such as biomass, lignite (brown coal), tires,
and plastics to create syngas for power generation or reformed into liquid
fuels for transportation. For more information, visit our website at 
www.powerhouseenergy.net.