In the News

Intention to float on AIM

June 25, 2007. London, UK – Nviro Cleantech plc, which aims to commercialise "clean" technologies, today announces its intention to seek admission of its shares to trade on the AIM market of the London Stock Exchange ("AIM"). Dealings are expected to commence in July 2007.

The Nviro Cleantech Group was established in 2005 with the objective of collecting together a number of environmental clean technology projects that benefit the environment whilst anticipating ever-increasing legislative, financial and ethical demands for sustainable business behaviour. The Company invests both the finance required and the management and administrative resources to commercialise these technologies, which have been sourced from small private developers and universities in the UK and Europe. Following a thorough process of selection and review of prospective projects Nviro Cleantech currently has a portfolio of five technologies including clean fuels from coal and biomass, wood fibre reclamation, air purification and laser ignition technologies.

This selection process focuses on technologies that can provide superior environmental performance to existing practices at lower costs, thereby greatly reducing or eliminating environmental impacts and, in so doing, improving quality of life. It is conservatively estimated that the combined global market for clean technologies will reach US$800 billion by 2015, by which time annual global spending in the clean energy sector is expected to have increased from US$39.9 billion (2005) to US$167.2 billion (source: Cleantech Venture Network, Venture Monitor, Volume 5 Q1 2006).

Of the five technologies in Nviro Cleantech's current portfolio, the two lead technologies are Vertus RTP and Microrelease.

Vertus RTP is a reductive thermal process technology which substantially cleanses low quality coal by removing a wide range of contaminants (e.g. sulphur dioxide, oxides of nitrogen, mercury, chlorine and lead) and biomass to produce high-grade fuel with clean burning properties similar to anthracite. Nviro Cleantech initially plans to bring this technology to China and India, with other large coal-fired power-generating markets such as the United States, to follow.

Vertus RTP is a fully developed and proven technology as demonstrated by a pilot plant facility in Hungary. The technology is currently being refined and advanced. It has processed bulk coal samples for two and a half years and is now ready for installation within a commercial setting. Vertus RTP is also an effective pre-treatment of biomass fuels such as rice husk. By efficiently managing the volatile component of biomass fuels, Vertus RTP can provide substantially higher energy outputs per tonne of biomass than existing technologies. Discussions are proceeding with power generators and equipment manufacturers in India specifically for biomass power generation utilising fuels from the Vertus RTP technology.

In June 2007, the Company successfully formed a joint venture in China, called Balama Nviro Limited, which will place the first two Vertus RTP units in the region, installing one in a biomass power generating site and the other in a coal fired site. It is anticipated that both Vertus RTP units will be operational in 2008 under 'install and operate' contracts that will provide Balama Nviro with recurring operational, maintenance and 'per-tonne' revenue over the long term, expected to be at least ten years.

Demand for the Vertus RTP technology has been enhanced in China as a result both of the Chinese Government's "Renewable Energy Act" of 2006 and of pollution reduction targets in its current five year plan. Globally, Nviro Cleantech is confident that this market presents considerable opportunities, especially given that Vertus RTP's largest competitor, Evergreen Energy Inc., (NYSE: EEE), has achieved a market capitalisation of US$518 million even though it is largely a pre-revenue company.

Microrelease is a patented technology to recycle medium density fibre ("MDF") and particle board into a high quality reusable wood fibre. This technology has the ability both to save landfill costs for MDF manufacturers and converters, as well as providing environmental benefits to the whole supply chain through recycling. This will generate savings for the construction and furniture sectors and generate revenue from the sale of the recycled wood fibre.

Microrelease's technology uses microwave processing to recycle MDF and particle board scraps. This innovative technology allows a simple, continuous recycling process that involves few moving parts and no chemicals to recapture pristine fibre. As such, it represents a cost-effective recovery process that is environmentally sustainable, whilst maintaining industrial efficiency. Microrelease has attracted UK Government funding from the Department of Trade & Industry and anticipates that commercial processing will commence next year at a plant based in Bangor, North Wales.

Nviro Cleantech also has three other portfolio companies which are developing environmental solutions, including: Carbon Co-burner, a laser based ignition technology; Organotect, a field-portable hazardous chemical detection system; and, Laseair, an air decontamination technology.

The Company has selected and 'in-licensed' these technologies for their abilities to solve significant global environmental issues cost effectively. In addition, certain technologies, such as Vertus RTP and Carbon Co-Burner, can work in combination with each other to create additional and substantial markets. Possible exit strategies for each technology include an initial public offering, continued operation as an Nviro subsidiary, out-licensing of the technology or full sale of the technology subsidiary.

Commenting on the decision to join the AIM market, Chris Every, Chief Executive Officer of Nviro Cleantech, said: "Clean technologies are a central part of a new industrial shift to create innovations to reduce pollution, emissions or waste streams. Nviro Cleantech believes that this shift is driven by a number of convergent trends in society, for example: the increased scientific recognition of global warming; economic drivers such as inflated energy prices; technological factors, such as the refinement and cost reduction of hybrid cars; and geo-political factors, such as the location of global oil supply, 60% of which is found in the Middle East.

"We look forward to joining the AIM market just as these trends are forcing many countries and corporations to examine new technologies, more stringent regulations and consumer behaviour, resulting in strengthening demand for innovative solutions that overcome the significant global environmental challenges faced today."

Grant Thornton Corporate Finance, a division of Grant Thornton UK LLP, is acting as Nominated Adviser to Nviro Cleantech plc and Fairfax I.S. PLC is acting as Broker.

For further information, please contact:

Nviro Cleantech Plc
Chris Every, Chief Executive Officer
Tel: +44 (0) 20 7451 2473
cevery@nvirocleantech.com

Fairfax I.S. Plc
Ewan Leggat, Corporate Finance
Tel: +44 (0) 20 7598 5368
eleggat@fairfaxis.com

Media enquiries:

Abchurch
Henry Harrison-Topham / Heather Salmond
Tel: +44 (0) 20 7398 7700
heather.salmond@abchurch-group.com
Weekend contact - Heather Salmond
Tel: +44 (0) 7855 018 606
Weekend contact - Justin Heath
Tel: +44 (0) 7760 263 269

Photography
Photographs are available from Abchurch. To arrange to receive soft copies, please contact Hugo Jenkins on 020 7398 7714 or hugo.jenkins@abchurch-group.com

Notes to Editors

Nviro Cleantech operates by acquiring a strong, balanced portfolio of near-to-market solutions that address large demand needs in a breadth of markets and territories, and which are both viable and cost effective. The Company systematically targets environmental innovations that do not require radical shifts in consumer behaviour nor large capital investments to adopt. Furthermore, it focuses on solutions that can be brought to market quickly, and with maximised financial potential, by using proven technologies and management teams.

Nviro Cleantech operates through its wholly owned subsidiaries: Nviro Cleantech Limited; Microrelease Limited; Laseair Limited; Still Clear Environmental Limited; Nviro Cleantech Limited (Cayman Islands); Vertus Technologies Limited (Cayman Islands); Vertus Technologies US LLC (Nevada); and also 65% owned Organotect, Inc. In addition, Nviro Cleantech Inc, a US subsidiary, provides certain management services to the Company.

Nviro Cleantech's executive Board has experience in energy, utilities, support services and politics. Further information on the Board can be provided upon request.

Chris Every, Chief Executive Officer, comes from a background in sales and marketing and new technology development in engineered and technical products for companies including Wiggins Teape Paper Limited, Courtauld International Marine Paints plc, National Starch Corporation, and Williams Holdings plc. He moved from corporate management to consulting twenty years ago and has worked with major organisations including Michelin Group, Powergen plc, TXU Energy Corporation and national and local government. He also has extensive experience in building new businesses including Enhance Biotech Inc. and Brimac Limited. Most recently, Chris served as the chief executive officer of Enhance Biotech Inc. a biotech start-up and as an active board member for Brimac Limited, an environmental business focused on manufacture and application of carbon for filtration in the sugar refining and water treatment fields.

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