Monday 10th April 2006
Intention to float on the AIM market of London Stock Exchange

Oxford Catalysts Group PLC ("Oxford Catalysts" or "the Company") has a unique platform of licensed intellectual property and proprietary rights to develop speciality catalysts for the generation of clean fuels from fossil fuels and certain renewable sources. The Company today announces its intention to list on the AIM Market of London Stock Exchange plc.

Highlights

The Company intends to raise approximately £15 million through NOMAD and broker KBC Peel Hunt. The proceeds will be used to finance the Company's development and commercialisation strategy. Its shares are expected to begin trading on AIM in April 2006.

• Oxford Catalysts' carbide-based catalysts can match or exceed the benefits of traditional precious metal catalysts for certain reactions, typically those involving hydrocarbons, at a lower cost. The main applications for these catalysts are:
  • Removal of sulphur from hydrocarbon fuels – hydro-desulphurisation ("HDS")
  • Converting natural gas or coal into virtually-sulphur-free liquid fuels (known as GTL and CTL respectively) – Fischer-Tropsch ("FT")
  • Hydrogen-on-demand, producing hydrogen for fuel cells instantaneously from room temperature. This breakthrough technology has the potential to significantly accelerate the commercial adoption of fuel cells in the portable and other mobile applications markets
  • Producing high temperature steam from a liquid fuel starting from ambient temperatures for use in portable and motive applications
• Large and growing markets:
  • Global market for energy and environmental catalysts is expected to double from $6.4 billion to $13 billion by 2009
  • Market for hydro-desulphurisation, ("HDS") catalysts currently believed to be worth more than $1 billion per annum and expected to grow
  • The GTL market is believed to be the fastest growing niche in the global energy market. Estimated production of GTL and CTL will require some $2.6 billion of FT catalysts per annum
  • The portable fuel cell market is expected to be driven by the fact that conventional battery technology is close to its technical limits and is not projected to improve sufficiently to meet the growing needs of portable information technology devices. The market for such fuel cells alone is estimated at $15 billion by 2013
• Demand for cleaner alternatives to traditional fossil fuels and for more sustainable energy sources is being driven by security, price and availability of oil and the desire to control harmful emissions and greenhouse gases.
• The Company's strategy is to enter into co-development partnerships with leading manufacturers, producers and suppliers in the petroleum, petrochemicals, fuel cells, biogas and steam applications markets. The Company expects to license its catalysts for commercial application in these markets.
• The Company has an experienced scientific, commercial and non-executive team made up of energy and chemicals industry veterans and highly regarded inorganic chemists, with complementary skills to deliver.

Commenting on the proposed flotation, Roy Lipski, Chief Executive of Oxford Catalysts, said:
"Oxford Catalysts is the product of 19 years of research at the University of Oxford. We have a world class team of scientists who have developed an array of catalysts with the potential to revolutionise the 'clean fuels' industry. There is significant market potential for our products and we are confident that we have the right team to commercialise our intellectual property and deliver growth going forward."

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