28 Sep 2006 07:02
Clean Air Power Limited28 September 2006 For immediate release 28 September 2006 Clean Air Power Ltd ("Clean Air Power" or "the Company") Market Developments Clean Air Power Ltd (AIM : CAP), the developer of Dual-FuelTM combustiontechnology that enables heavy-duty diesel engines to operate on a combination ofdiesel and natural gas today notes further positive developments in its targetAustralian market. The Company has been informed that Wesfarmers Limited will invest up to A$138million to construct a 175 tonnes per day liquefied natural gas plant in WesternAustralia, with accompanying infrastructure to supply LNG for heavy dutyvehicles, industrial gas and remote power markets. The plant will be on streamin 2008. The Directors of Clean Air Power believe that this commitment is a clearindication of support for a large number of trucks which use its Dual-FuelTMtechnology, and will be a platform for growth as more vehicles adopt similartechnology. Commenting on these developments, John Pettitt Chief Executive of Clean AirPower said: "Australia is a key market for Clean Air Power technology and the announcementby Wesfarmers illustrates the rapid build in demand for LNG for long distancetransportation. The investment is a clear indication that Dual-Fuel solutionsare being adopted to generate more cost effective operations and Clean Air Poweris well positioned to supply in to this market." For further details please contact: Clean Air Power John Pettitt, Chief Executive Tel: +44 (0) 1772 624499 Peter Rowse, Finance Director Buchanan Communications Charles Ryland/Ben Willey Tel: +44 (0)20 7466 5000 This information is provided by RNS The company news service from the London Stock Exchange