Ceres Power Regulatory News (CWR)

5 November 2013

Ceres Power Holdings plc ("Ceres" or the "Company")

Grant of Share Options

The Company announces that on 5 November 2013 Mr Phil Caldwell, Chief Executive Officer and Executive Director of the Company, was granted share options over the Company's ordinary shares of 1 pence each ("Ordinary Shares"). He was granted options to subscribe for 12,000,000 Ordinary Shares at an exercise price of 8.54 pence per share. These share options may be exercised from between the 1st September 2014 and the sixth anniversary of the date of their grant to the tenth anniversary of the date of their grant.

For further information contact:

Ceres Power Holdings plc Tel. +44 (0)1403 273463

Phil Caldwell, Chief Executive

Richard Preston, Finance Director

Nplus1 Singer Advisory LLP Tel. +44 (0) 20 7496 3000

Andrew Craig/Ben Wright

Tavistock Communications

Mike Bartlett / James Collins Tel. +44 (0) 20 7920 3150