Ceres Power Regulatory News (CWR)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Ceres Power Holdings Plc

2. Reason for the notification  (Yes/no)

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):___________________________________________

3. Full name of person(s) subject to the notification obligation:

Arlio Global Management LLC

(formerly Julius Baer Investment Management LLC)

4. Full name of shareholder(s) (if different from 3.)

Please see attached list 

Please note that one shareholder, Julius Baer International Equity Fund, is the registered holder of more than 3% of the voting rights in Ceres Power Holdings Plc.

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

2 October 2008

6. Date on which issuer notified:

6 October 2008

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights 

Number of shares 

Number of voting rights 

% of voting rights

Direct

Direct 

Indirect

Direct

Indirect

GB00B0351429

3,438,928

3,438,928

3,239,047

3,239,047

4.85%

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of financial instrument 

Expiration date

Exercise/ Conversion Period/ Date 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

3,239,04

4.85%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

N/A

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

Please note that one shareholder, Julius Baer International Equity Fund, is the registered holder of 3.42% of the voting rights in Ceres Power Holdings Plc.

14. Contact name:

Donald Delano

Chief Compliance Officer 

15. Contact telephone number:

+1(212) 297-3628