4 July 2016

GREEN DRAGON GAS LTD.

('Green Dragon' or the 'Company')

Notice of Annual General Meeting

Green Dragon Gas Ltd. (LSE: GDG), one of the largest independent companies involved in the production and sale of Coal Bed Methane ('CBM') gas in China, announces that the Notice of Annual General Meeting and associated form of proxy have been posted to shareholders.

Electronic copies of the Annual Report and 2015 Accounts, the Notice of Annual General Meeting and the form of request letter are also available to download from the Company's website www.greendragongas.com.

The Company's Annual General Meeting will be held at The Connaught, Carlos Place, Mayfair, London, W1K 2AL at 10:00 a.m. on Tuesday 26 July 2016.

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

Instinctif Partners

David Simonson / George Yeomans

Tel: +44 20 7457 2020

Citigroup

Tom Reid / 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 549Bcf of 2P reserves and 2379Bcf 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.

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