6 Feb 2009 14:04
6 February 2009
Clean Energy Brazil PLC
("CEB" or the "Company")
Management change
Clean Energy Brazil PLC, an investment company focused on Brazil's sugar cane/ethanol industry, announces the resignation of Gilberto Mascioli, the Company's Chief Operating Officer, with effect from 5 February 2009. The resignation has arisen in the wake of the funding restrictions which have resulted in the delay in the development of CEB's investments and greenfield projects. CEB would like to thank Mr Mascioli for his contribution to the early stages of the Company's development.
Further enquiries:
| Clean Energy Brazil plc Marcelo Junqueira (Chief Executive Officer) | Tel: +55 (0) 11 3556 8750 |
| Smith & Williamson Corporate Finance Limited (Nominated Adviser) Azhic Basirov David Jones | Tel: +44 (0) 20 7131 4000 |
| Numis Securities Limited (Broker) Charles Farquhar Lee Aston | Tel: +44 (0) 20 7260 1000 |
| Fishburn Hedges (Financial PR Adviser) Andy Berry Michelle James | Tel: +44 (0) 20 7839 4321 ceb@fishburn-hedges.co.uk +44 (0) 7767 374421 +44 (0) 7958 451446 |