HYR.L Regulatory News (HYR)

 25 April 2012 

Hydrodec Group plc

US Environmental Protection Agency ("EPA") issues a draft national PCB disposal and commercial storage approval to the Hydrodec Group for public comment

Hydrodec Group plc, the cleantech industrial oil re-refining group, is pleased to announce that the EPA has posted a public notice on its website (www.epa.gov/pcb) and in news publications in the Canton, Ohio region regarding its intent to issue Hydrodec with a permit for the storage and treatment of polychlorinated biphenyl ("PCB") contaminated used transformer oil in the US.

The notice states that the EPA has determined that Hydrodec has demonstrated it is capable of operating its PCB destruction process in an effective and safe manner and also that its commercial storage application meets all applicable requirements. As a result, the EPA has issued a draft national PCB disposal and commercial storage approval for Hydrodec for public comment.

A public comment period has now begun and will last for 30 days. During this comment period, a public meeting may be requested. If so, a public meeting will be scheduled within 30 days of the close of the comment period for interested members of the community to meet with EPA representatives to comment on the draft approval. Subject to this process proceeding satisfactorily and certain administrative formalities, Hydrodec would anticipate being able to process PCB contaminated oil at some point during the third quarter.

Final EPA approval will add to the volumes of used oil available to Hydrodec but, as importantly, it will lend further credibility to the Hydrodec process in the US, offering utilities and other suppliers a "one-stop shop" and environmentally-friendly solution for all their used transformer oil.

Additional information can be found on Hydrodec's website at www.hydrodec.com/environment-and-community; further updates will be provided in due course.

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