Malaysian Court Finds in Favour of IPSA IPSA GROUP PLC (Incorporated and registered in England and Wales) (Registration Number 5496202) AIM Share Code IPSA ISIN GB00BOCJ3F01 JSE Share Code IPS ISIN GB00BOCJ3F01 ("IPSA" or "the Company") Malaysian Court Finds in Favour of IPSA IPSA, the developer, owner and operator of power generation capacity in southern Africa, is delighted to announce that the appeal of Iris Ecopower Sdn Berhad ("Iris") was dismissed this morning in the Malaysian Court of Appeal. The Court also awarded costs in favour of IPSA. This is the second time in which the Malaysian courts have found in favour of IPSA in the previously reported dispute. On 25 March 2014 the Malaysian High Court accepted an application by IPSA that the Malaysian courts should not have jurisdiction over the claim brought by Iris as previously announced on 21 November 2013. Speaking today in London, Peter Earl, Acting CEO of IPSA, said. “I am very pleased that the Malaysian courts have yet again dismissed the Iris claim. This is an important victory for IPSA.” For further information contact: Peter R.S. Earl, Acting CEO +44 (0)20 7793 5615 IPSA Group PLC James Joyce +44 (0)20 7220 1666 W H Ireland Ltd Riaan van Heerden +27 (0)21 887 9602 PSG Capital (Pty) Ltd London 17 April 2015 Date: 17/04/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.