Pyebridge Steady State Operation and Production

RNS Number : 3699S

Kibo Energy PLC

15 November 2021

Kibo Energy PLC (Incorporated in Ireland)

(Registration Number: 451931)

(External registration number: 2011/007371/10)

Share code on the JSE Limited: KBO

Share code on the AIM: KIBO

ISIN: IE00B97C0C31

("Kibo" or "the Company")

Dated: 15 November 2021

Kibo Energy PLC ('Kibo' or the 'Company')

Mast Energy Developments 9 MW Pyebridge Reserve Power Project Achieves Steady State Operation and Commences Commercial Production

Kibo Energy PLC, the multi-asset energy development company, notes that its 55% subsidiary, MAST Energy Developments PLC ("MAST"), today announced that MAST's recently acquired 9 MW Pyebridge Generation facility's installation commissioning checks have been completed successfully, and that MAST's engineers have certified Pyebridge in Commercial Steady State Status as of 15 November 2021. The full announcement can be accessed at the following link: https://polaris.brighterir.com/public/mast_energy_developments/news/rns/story/w95qn1r

**ENDS**

For further information please visit www.kibo.energy or contact:

Louis Coetzee	info@kibo .energy	Kibo Energy PLC	Chief Executive Officer
Andreas Lianos	+357 99 53 1107	River Group	JSE Corporate and Designated Adviser
Claire Noyce	+44 (0) 20 3764 2341	Hybridan LLP	Broker
Bhavesh Patel / Stephen Allen	+44 20 3440 6800	RFC Ambrian Ltd	NOMAD on AIM
Isabel de Salis / Oonagh Reidy	info@stbridespartners.co.uk	St Brides Partners Ltd	Investor and Media Relations Adviser

Johannesburg

15 November 2021

Corporate and Designated Adviser

River Group

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END

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