Holding(s) in Company

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

Zenergy Power Plc

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

An acquisition or disposal of voting rights 

x

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:

Pictet Asset Management SA

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

See Above

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

22nd January 2010

6. Date on which issuer notified:

26th January 2010 

Note: for release on 28th January following admission of the new Placing shares

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

3%

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 viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

Ordinary Shares

GB00B19HBR28

1'487'099

1'487'099

 0

0

2'570'099

0

3.73%

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

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

% of voting rights

N/A

N/A

N/A

N/A

N/A

Total (A+B)

Number of voting rights

% of voting rights

2'570'099

3.73%

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

Pictet Funds (LUX) - Clean Energy Fund, 2'393'930 (3.47%)

Proxy Voting:

10. Name of the proxy holder:

Pictet Asset Management SA

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

Not Applicable

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

Not Applicable

13. Additional information:

This disclosure corrects the disclosure made by Pictet Asset Management SA in Zenergy Power, dated 25/01/2010 at 4.92% of the issued share capital and voting rights. The error in the % calculation in the previous disclosure is due to an increase in issued share capital in Zenergy Power dated 22/01/2010, following a private placement of newly issued share capital.

(not released to the market)

Note:

This notification is for release on 28th January following admission of the new Placing shares

14. Contact name:

David Cawthrow, Head of Compliance

15. Contact telephone number:

+44 (0)20 7847 5040