Inspirit Energy Regulatory News (INSP)

The following amendment has been made to the 'Issue of Equity' announcement released on 02/07/2012 at 12:33 under RNS No 6642G

The nominal value of Ordinary Shares has been corrected to £0.001 from £0.01.

The full amended text is shown below.

KLEENAIR SYSTEMS INTERNATIONAL PLC

(AIM: KSI)

Issue of Equity

Kleenair Systems International Plc ("Kleenair" or "the Company") announces that Global Investment Strategy (UK) Ltd ("GIS") has agreed to convert a further £15,900 of the outstanding debt into 1,590,000 ordinary shares of £0.001 each ("Ordinary Shares"). These shares have been placed with unconnected third parties to GIS none of which have a resulting discloseable interest.

Following this conversion the outstanding secured convertible debt held by GIS under the loan note instrument dated 22 Nov 2009 is £131,970, convertible into a further 13,197,000 new Ordinary Shares. Under the loan note agreement the total maximum amount which may be advanced to Kleenair is £220,000 and the full amount has been advanced.

In addition, the outstanding secured convertible debt held by GIS under the loan note instrument dated 22 November 2010 is £75,141. These convertible loan notes may be converted into new Ordinary Shares at any time in accordance with the terms of the instrument at a price of 2.7 pence per share or at a discount of 10 per cent. to the average market price based on the previous five business days trading, whichever is lower. Under the loan note agreement the total maximum amount which may be advanced to Kleenair is £1000,000 and £300,000 has been advanced.

In addition, Kleenair is allotting 412,982 Ordinary Shares to a financial adviser in settlement of fees.

Application for these shares to be admitted to trading on AIM has been made and is expected to occur on 3 July 2012. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. Following this issue the Company will have 64,606,172 Ordinary Shares of £0.001 each in issue.

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R), the Company confirms that, following this issue, its total issued share capital will be 66,228,304 shares comprising of 64,606,172 Ordinary Shares of £0.001 each, 278,812 Deferred Shares of 99 pence each, 1,221,200 B Ordinary Shares of £0.001 each and 122,120 Deferred B Shares of 99 pence each. The Deferred Shares (400,932) and B Ordinary Shares (1,221,200) have no voting rights. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 64,606,172. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.