Sustainable Energy Announces Completion of $500,000 Equity Financing with Doughty Hanson

Sustainable Energy Technologies Ltd. (TSX VENTURE:STG) ("Sustainable Energy" or
the "Company") is pleased to announce the successful completion of a $500,000
equity financing with Doughty Hanson Technology Ventures.


Doughty Hanson acquired 50,000 units at a price of $10 per unit, each unit being
comprised of one, 8%, five-year First Preferred Shares, Series 13, convertible
into Common Shares at a conversion price of $0.40 per share and 20 five-year
Common Share Purchase Warrants exercisable at a price of $0.50 per share. 


The Doughty Hanson investment will provide additional capital to the Company to
shift production to its 3rd generation PARALEX "STX" inverter for North American
and Japanese solar PV markets; and to begin first production of its "AC Battery"
for markets in Germany and Japan. (See: News Release: dated Sept 26, 2012
"Sustainable Energy Releases World Class Proprietary "AC Battery" Technology for
the Growing Energy Storage Market").


Following the completion of the equity financing and its recent share
consolidation, Sustainable Energy has 20,915,581 Common Shares issued and
outstanding and preferred shares convertible into approximately 8,178,078 Common
Shares. Doughty Hanson currently holds 1,250,000 Common Shares and preferred
shares and warrants convertible into 4,960,000 Common Shares. The securities
issued to Doughty Hanson in connection with equity financing are subject to a
four month hold period expiring on April 28, 2013.


About Doughty Hanson: Doughty Hanson (www.doughtyhanson.com) is one of Europe's
most successful independent private equity firms. Since 1985, Doughty Hanson has
undertaken more than 118 investments with an aggregate acquisition value in
excess of EUR28 billion. Doughty Hanson employs over 50 investment professionals
of 15 nationalities, located in offices in London, San Francisco, Frankfurt,
Madrid, Milan, Munich, Paris and Stockholm.


About Sustainable Energy:

Sustainable Energy (www.SustainableEnergy.com) designs and manufactures advanced
power electronics for distributed smart grid and micro-grid applications.
Advanced power electronics are a critical interface between all distributed
generation and storage systems devices, ensuring the delivery of high quality
alternating current (AC) to the power grid as well as providing utility control
over the interconnection and power quality. 


Sustainable Energy has designed a simple low cost platform that is software
configurable for a wide range of low voltage generation and storage
technologies, including solar PV fuel cells and all the emerging battery
technologies. The Company's platform is based on breakthroughs in power
conversion technology that enable its platform to convert high current/low
voltage DC into high quality AC with conversion efficiencies that are materially
higher than anything in the market. 


Sustainable Energy's growth strategy is to partner strategically with companies
that have the products and/or market position to leverage the benefits of the
Company's technologies into superior product solutions.


Forward Looking Information

The reader is advised that some of the information herein may constitute
forward-looking statements within the meaning assigned by National Instruments
51-102 and other relevant securities legislation. In particular, we include:
statements concerning the impact of our technology on solar PV and energy
storage system performance and the use of proceeds from the financing.
Forward-looking information is not a guarantee of future performance and
involves a number of risks and uncertainties.


Many factors could cause the Company's actual results, performance or
achievements, or future events or developments, to differ materially from those
expressed or implied by the forward-looking information. Readers are cautioned
not to place undue reliance on forward-looking information, which speaks only as
of the date hereof. Readers are also directed to the Risk Factors section of the
Company's current Annual Information Form which may be found on its website or
at www.sedar.com The Company does not undertake any obligation to release
publicly any revisions to forward-looking information contained herein to
reflect events or circumstances that occur after the date hereof or to reflect
the occurrence of unanticipated events, except as may be required under
applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sustainable Energy Technologies Ltd.
Michael Carten
Chief Executive Officer
403.630.9544
Michael.Carten@sustainableenergy.com
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