Statement re. Press Comment

26 Apr 2006 09:29

ITM Power PLC26 April 2006 For immediate release, 26 April 2006 ITM Power Plc ("ITM" or "the Company") Media Comment and Share Price Movement The Board of ITM notes the recent press speculation regarding the Company andthe movement in the Company's share price. The Board confirms that it is indiscussions to undertake a fund raising to assist the organic development of thebusiness. A further announcement will be made in due course. Gemma Chandler Tim Linacre Simon Hudson/ Clemmie CarrITM Power Plc Panmure Gordon Tavistock CommunicationsTel: 01799 532 860 Tel: 020 7459 3600 Tel: 020 7920 3150Mob: 07921 057712 -Ends- This information is provided by RNS The company news service from the London Stock Exchange