6 March 2012
PowerHouse Energy Group plc
("The Company" or "PowerHouse")
Directorate Change
PowerHouse announces that Anthony Brennan, Deputy Chairman and Director, has resigned from the board of the Company with immediate effect. Mr. Brennan was the former Chairman of Bidtimes plc prior to its reverse take-over (RTO) by Powerhouse. He leaves the Company's board with appreciation and thanks for assisting the RTO transaction, in order to pursue other business interests.
For additional information please contact:
PowerHouse Energy Group plc
Ross Lyndon-James
+44 (0) 20 7887 1362
Merchant Securities Limited (NOMAD and Broker)
David Worlidge/Simon Clements
+44 (0) 20 7628 2200
Pelham Bell Pottinger
Nick Lambert / Charles Stewart
+44 (0) 20 7861 3232
Notes to Editors:
· PowerHouse is a leading provider of economically proven, on-site, clean energy systems that use traditional and renewable forms of fuel to generate electric and thermal energy in an environmentally responsible way. PowerHouse's forward development strategy includes the conversion of waste and coal and coal waste to cleaner liquid fuels including diesel and jet fuels
· PowerHouse offers a complete turnkey waste/biomass to energy equipment solution either by: direct sale or energy supply under long term power purchase agreements
· PowerHouse's shares trade on the Alternative Investment Market under the ticker (PHE)