Investment update

Clean Energy Brazil PLC

("CEB" or the "Company")

Sale of Agricultural Assets-Progress Update

Following the announcement made on 1 June 2012 relating to the sale of CEB's entire interest in Unialco M/S to Unialco S/A, CEB is pleased to announce that following the installment payment made on 14 August 2012 the amount received to date is USD $5 million in total. The balance outstanding were Uniaclo S/A to make payment in full today is USD $11,815,945. CEB intends to continue to implement its stated strategy of selling its last investment (Unialco M/S), monitoring our costs and returning capital to shareholders.

Further enquiries:

IOMA Fund & Investment Management Limited (Administrator)

Philip Scales Tel: +44 (0)1624 681250

Singer Capital Markets (Nominated Adviser)

Claes Spang ` Tel: +44 (0) 203 205 7500