9 May 2016

GREEN DRAGON GAS LTD.

('Green Dragon' or the 'Company')

Investor Roadshow

Green Dragon Gas Ltd. (LSE: GDG), one of the largest independent companies involved in the production and sale of CBM gas in China, is pleased to announce that it will be conducting an Investor Roadshow during May and June 2016.

At theCapital Markets Day on27 April 2016, Green Dragonoutlined its 'Vision for 2020' which included:

− A proposed framework for delivering value to shareholders as assets mature;

− Strategy around the Company's downstream assets and current farm-out objectives; and,

− Potential debt and equity (including Primary and Secondary equity) financing options to develop assets and enhance trading liquidity.

The Company is seeking to meet with a mixture of existing shareholders and potential investors in order to present the Company's 'Vision for 2020'.

The Company's recent Capital Markets Day presentation including the 'Vision for 2020' is available in full on its website at www.greendragongas.com.

For further information on the Company and its activities, please refer to the website at www.greendragongas.comor contact:

Instinctif Partners

David Simonson / George Yeomans

Tel: +44 20 7457 2020

Citigroup

Tom Reid / Alex Carter / Luke Spells

Tel: +44 20 7986 4000

Peel Hunt

Richard Crichton / Ross Allister

Tel: +44 20 7418 8900

About Green Dragon Gas

Green Dragon Gas is a leading independent gas producer with operations in China and is listed on the main market of the London Stock Exchange (LSE: GDG). The Company has 549 Bcf of 2P reserves and 2,379 Bcf of 3P reserves across eight production blocks covering over 7,566km² of licence area in the Shanxi, Jiangxi, Anhui and Guizhou provinces. It holds six Production Sharing Agreements with strong, highly capitalised Chinese partners including CUCBM (CNOOC), CNPC and PetroChina, and has infrastructure in place to support multiple routes to monetise gas production.