11 May 2006 15:02
11 May 2006 ITM Power plc ("ITM" or "the Company") Holding in Company The Company has today received notification in accordance with section 198 ofthe Companies Act 1985 that John Wreford, a former director of ITM, has todaydisposed of 3,250,000 Ordinary Shares of 5p each (the "Shares") in the Companyat a price of 330p per share.Mr Wreford's resultant holding in the issued share capital of ITM is 6,886,363Shares, representing 6.81% of the total shares in issue.Panmure Gordon released Mr Wreford from his lock-in arrangements for thepurpose of this transaction, which was as a result of strong market demand.Enquiries:Marcus Scott, CFOITM Power plcTel: 01799 532 860ENDITM POWER PLC