Reservoir Capital Corp.: Environmental Permits Granted for the Brodarevo Hydroelectic Project in Serbia

Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC)
("Reservoir" or the "Company") is pleased to announce that the Ministry of
Energy, Development and Environment of the Republic of Serbia ("the Ministry"),
has approved the Company's Environmental Impact Assessment ("EIA") for the
Brodarevo 1 and Brodarevo 2 hydroelectric projects ("HPP") on the River Lim in
southern Serbia.


Energoprojekt Hidroinzenjering Co. Ltd. ("Energoprojekt") completed the EIA in
accordance with Serbian standards and legislation in late 2011 and completed
additional work during 2012 to bring them in line with World Bank standards. The
primary aim of the EIA is to assess the positive and negative changes to the
environment that could occur during the construction and operation of the
Brodarevo HPP and propose measures to prevent, minimize or reduce to acceptable
limits, any adverse impacts. The EIA includes gathering and interpretation of
baseline data on the geology, geomorphology, soils, sediment, erosion
characteristics, hydrology, air and water quality, meteorology, biodiversity,
cultural properties and socio-demographic and economic development aspects of
the project. 


The EIA concluded that the Brodarevo HPP have a broadly positive impact in that
they will generate clean renewable energy substituting coal-fired power, but
will make substantial changes to the river valley and its ecosystem. These
impacts are considered relatively limited, given the low dam height, small
fluctuations in water levels and that the effects are confined to the riverbed
and only very small areas of arable land. The construction of spillways will
enable the movement and migration of any aquatic organisms and eliminate
potential ecological balance disorders. Physical impacts to the local population
are confined to a few rural households, with many of whom the Company has
already reached agreements. At a broader level the project represents an
important milestone in the government's efforts to attract foreign direct
investment and should contribute to socio-economic stabilization and economic
development of the region through the project investments, new employment
generated and new opportunities in areas such as tourism. 


The Ministry organized and held public hearings close to the proposed projects
at the town halls of Prijepolje and Sjenica in August 2012 to present the
results of the EIA and hear opinions and objections and a follow-up public
hearing was then held in Belgrade in January 2013. Subsequent to the meetings,
in March 2013, the Technical Commission appointed by the Ministry requested that
the Company make a number of changes to the proposed HPP, which were done and
the EIA was resubmitted in May 2013.


Quality Control 

Deputy Director of the Company's operating subsidiary REV d.o.o., Milan Cusic
M.Sc. Dipl. Eng., a graduate of the Faculty of Mechanical Engineering of the
University of Belgrade (1997) and previously Chief Hydro Engineer for Serbian
State Utility EPS (2003-2010), has verified the technical information and
approved the form of its disclosure in this release.


About Reservoir

Reservoir is a renewable energy company that is engaged in the development of
the 59.1 MW Brodarevo hydroelectric project on the River Lim, the 5 MW Vranjska
Banja geothermal project in southern Serbia and the 17.76 MW Cehotina
hydroelectric project on the Cehotina River in Bosnia. Reservoir's common shares
trade on the TSX Venture Exchange (symbol "REO") and on the Frankfurt and Berlin
Exchanges (symbol "ROC").


FOR FURTHER INFORMATION PLEASE CONTACT: 
Reservoir Capital Corp.
Chris MacIntyre
VP Corporate Development
+1 416 703 0010
www.reservoircapitalcorp.com

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