Ceres Power Regulatory News (CWR)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

CERES POWER HOLDINGS PLC

SEDOL: B035142

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

YES

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

NO

An event changing the breakdown of voting rights

NO

Other (please specify):

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

Imperial Innovations Group plc

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

Imperial Innovations LLP

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

16 January 2009

6. Date on which issuer notified:

19 January 2009

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

6%,5%,4%

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

ORDINARY

4,177,505

4,177,505

 2,386,276

2,386,276

-

3.57%

-

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

% of voting rights

2,386,276

3.57%

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

Imperial Innovations LLP is 100% directly controlled by Imperial Innovations Limited and Imperial College Company Maker Limited. Both of the last-mentioned companies are 100% directly controlled by Imperial Innovations Group plc.

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:

14. Contact name:

Justin Bowen, Company Secretary

15. Contact telephone number:

020 7594 6593