In the News

Interim Results

June 26, 2009. London, UK

Nviro Cleantech plc (AIM:NVR), a leader in commercialising environmental technologies including clean fuels for power generation, announces its un-audited interim results for the six months ended 31 March 2009.

Financial Highlights
•	Loss before tax £5.3m after impairment charge of £2.9m
•	Cash balance of £6.0m as at 31 March 2009

Operational Highlights
Clean Fuel
•	Withdrawal from the build programme at the Cincinnati site in response to unfavourable market conditions and their impact on system design and capability
•	Completion of the laboratory facilities in Cincinnati
•	A continuing substantive and wide ranging fuel evaluation programme utilising the laboratory, enabling the Company to target its technology to potential clients
•	Identification of three substantial volume sectors of the clean fuels market where technology can be targeted effectively and economically
•	Ongoing prospective client fuel and project evaluations

Recycling
•	Successful trial production of MDF with recycled content of 20%
•	Successful fit out of retail store site with the new boards

Air Treatment
•	Follow on projects reach the conclusion of their development programmes as originally planned, in preparation for partnering or alternative exit in due course

Chris Every, CEO of Nviro Cleantech plc, said: “In what has been a challenging period, Nviro has made significant progress in each of its technologies. This is especially the case with necessary adjustments made to the clean coal technology programme which commenced following the issues arising at the beginning of 2009. In addition a programme to control costs has been effective in significantly reducing overheads while the business adjusts to changes required. We have taken the opportunity to be prudent in recognising the adjustments in the accounts for the half year.

We are continuing to pursue negotiations with potential strategic partners to strengthen the business, which were mentioned in our trading statement of 15 May 2009. We are endeavouring to bring these to a positive conclusion as quickly as possible and for the benefit of shareholders.”

A full set of these interim results can be downloaded in a PDF format

For further information:

Nviro Cleantech plc
Chris Every, Chief Executive Officer - cevery@nvirocleantech.com
Tel: +44 (0) 20 3178 7100

Grant Thornton UK LLP - Nominated Adviser
Fiona Owen - fiona.owen@gtuk.com
Tel: +44 (0) 20 7383 5100

Fairfax I.S. PLC - Broker
Ewan Leggat - eleggat@fairfaxis.com
Tel: +44 (0) 20 7598 5368

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