Solar Wind Energy Tower, Inc.

Provides Business Update

ANNAPOLIS, MD - (June 5th, 2017) - Solar Wind Energy Tower, Inc. (USOTC:SWET) (the
"Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of
producing abundant, inexpensive electricity to meet the world's increasing demand, announced today the
following business update.

The Companys single purpose subsidiary for the development of its utility scale downdraft energy
Tower in San Luis, AZ, Arizona Green Power LLC (AGP) continues to refine its engineering and total
construction budget. AGP will be unveiling the project to the investment community and presenting
AGP at the National Investment Banking Association (NIBA) New York City Conference later this
month on June 26 27th.

Ron Pickett, Managing Member of both AGP and Solar RePurposing Systems LLC (SRS) will also be
representing SRS at the NIBA New York Conference. SRS has been conducting meetings with major
utility executives as well as local community leaders regarding the retrofitting and repurposing of
abandoned smoke stacks and coal storage fields to produce renewable solar energy. Management
believes the value of converting tall abandoned stacks into downdraft energy Towers using our patented
technology is compelling.

The cost of retrofitting these stacks with a naturally pressurized water spray system, two turbines and
direct current generators makes economic sense given the value of the stack represents about 90% of the
total cost of the project if a new stack needed to be erected, allowing these repurposed facilities to be
economical in colder/more humid than ideal conditions. The Coal Country green energy projects can
be used by the local economic development authorities to help attract businesses in search of green
energy which creates employment in areas greatly in need of new jobs.

The Company continues to work closely with a potential Tower developer in Kenya, Africa. The
developer reportedly has secured the site and is completing the requirements needed to obtain the power
purchase agreement. The Company and the developer have reached agreement on the terms of the
Definitive License Agreement for Kenya which requires the developer to pay for the license. No
assurance can be made that the developer will forward the fee for the license.

The Company has prepared its final 2016 delinquent 10Q and its auditors are completing their required
review. The Company anticipates filing the 10Q within the next week or as soon as the auditors provide
their required permission to file.

About Solar Wind Energy Tower, Inc.

Founded in 2010, Solar Wind Energy Tower, Inc., and its wholly owned commercializing subsidiary,
Solar Wind Energy, Inc., is the inventor of the patented Solar Wind Downdraft Tower, which uses state
of the art technologies and construction systems to produce abundant, inexpensive electricity, 24 hours a
day, 7 days a week.
The Company's core objective and focus is to become a leading enabler of clean, efficient renewable
energy to world communities, at a reasonable cost, without the destructive residuals of fossil fuels, while
continuing to generate innovative technological solutions to meet tomorrow's electrical power needs.

For more information, please visit:

http://www.solarwindenergytower.com, and https://www.facebook.com/solarwindenergytower and
https://twitter.com/SWETower and https://www.arizonagreenpower.com

Cautionary Note Regarding Forward-Looking Statements

Statements included in this release may constitute "forward-looking statements". Actual results may
differ materially from those projected in forward-looking statements. Such statements involve a number
of risks and uncertainties such as competitive factors, technological development, market demand and
the Company's ability to obtain new contracts and accurately estimate revenues, if any, due to
variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further
information on potential factors that could affect the Company's financial results, can be found in the
Company's various filings with the Securities and Exchange Commission (SEC).
Contact:
Solar Wind Energy Tower, Inc.
Phone: 410-972-4713
E-mail: info@SWETower.com