Trading Update

Biofutures International plc

("Biofutures" or "the Company")

Refinery Commissioning Completed

Biofutures is pleased to confirm that all equipment and automatic control systems in the Zurex refinery have been successfully commissioned.

The Company intends to commence operations as a third-party contract refiner, capitalising on the expressions of interest from a number of mill owners who currently have insufficient or no refining capabilities.

The next step will be for the Company to progress to refining its own palm oil. The intention is to do this under agreed customer arrangements.

For further information, please contact:

The construction update and photographs are also available on the Company's web site at http://www.biofuturesplc.com/construction_update