Ceramic Fuel Cells Regulatory News (CFU)

16 May 2011

Ceramic Fuel Cells Limited

Director Shareholding

Ceramic Fuel Cells Limited (AIM / ASX: CFU) announces that on 13 May 2011, Mr Roy Rose, a non-executive director of Ceramic Fuel Cells, via his superannuation fund (Holmwood Enterprises), purchased 100,000 ordinary shares in Ceramic Fuel Cells Limited ("Ordinary Shares") at a price of AUD 0.11, representing 0.00% of the issued share capital.

Following this announcement Mr Roy Rose is interested, directly or indirectly, in a total of 366,666 Ordinary Shares representing 0.00% of the issued share capital.

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About Ceramic Fuel Cells Limited:

Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to provide highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells is developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany. The company has sold 70 BlueGen gas to electricity generators to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia and the USA.

Ceramic Fuel Cells is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

www.cfcl.com.au