Leaf Clean Energy Company (AIM:LEAF) commences share repurchases on December 29, 2015, under the program mandated by the shareholders in the Annual General Meeting held on December 29, 2015. As per the mandate, the company is authorized to repurchase up to 17,720,000 ordinary shares representing approximately 15% of the company's current issued share capital as at November 27, 2015. The minimum price that may be paid for any such ordinary share shall be the nominal value of that share and the maximum price which may be paid for an ordinary share shall be not more than 5% above the average of the market values for an ordinary share as derived from the AIM Appendix of the Stock Exchange daily official list for the five business days immediately preceding the date on which the ordinary share is purchased.

The share repurchase program shall expire at the earliest of the conclusion of the next Annual General Meeting or 18 months from this repurchase program.