CAP.L Regulatory News (CAP)

8 Oct 2007 07:00

Clean Air Power Limited08 October 2007 For immediate release 8 October 2007 Clean Air Power Ltd ("Clean Air Power" or "the Company") Infrastructure Development in Australia Clean Air Power Ltd (AIM:CAP) the developer of Dual-Fuel(TM) combustiontechnology that enables heavy-duty diesel engines to run on a combination ofboth diesel and natural gas notes further positive developments in Australia,one of its target markets. BOC, the industrial gas company, announced last week a major redevelopment totriple the production capacity of its key East coast LNG (liquefied natural gas)production facility from 50 tonnes per day to 150 tonnes per day. BOC is part ofthe Linde Group and the upgrade of this plant follows Linde's development ofanother LNG plant, due to open in 2008, in Western Australia. The BOC press release commented "The main beneficiaries will be the emergingfleet fuelling market. LNG is significantly cheaper than diesel for heavyhaulage, however there has been very limited supply available constraining itsuse. The environment will also benefit, as LNG releases 20% less greenhousegases compared with diesel powered trucks." BOC is part of the Linde Group, a world leading industrial gases and engineeringcompany operating in around 70 countries worldwide. The plant will be on line inAugust 2009. In September Clean Air Power announced that Mitchell Corp Pty Ltd, one of itslargest Australian customers had exercised their option to order an additional20 units following on from their initial order of 50 units announced in January2007. The Company believes that this represents a clear indication that the widermarket is reacting positively to the increased sales momentum being achieved byClean Air Power's Dual-Fuel(TM) technology. John Pettitt, CEO, commented "Clean Air Power is very encouraged that thisglobal industrial gas organisation is recognising the clear benefits of LNG as aroad fuel. Australia is a key market for our patented Dual-Fuel(TM) technologyand we believe this significant investment will prove beneficial to our salesefforts on the East Coast." For further details please contact: Clean Air PowerJohn Pettitt, Chief Executive Tel: +44 (0) 1494 527110Peter Rowse, Finance Director Buchanan CommunicationsCharles Ryland/Ben Willey Tel: +44 (0)20 7466 5000 Canaccord Adams LtdRobert Finlay/Erin Needra Tel: +44 (0)20 7050 6500 This information is provided by RNS The company news service from the London Stock Exchange