EDE Eden Innovations Ltd

Eden Energy Ltd., through its wholly-owned subsidiary Hythane Company LLC, has been selected by IndianOil Corporation to install and supply the first public hydrogen fueling station in India. The $1 million retail outlet will be sited in the heart of Delhi at one of India�s busiest natural gas fuelling stations. Scheduled for completion in the fall of 2008, the station will produce, store, blend, and dispense Hythane� as well as hydrogen to power natural gas vehicles, including buses, cars, and trucks. Hythane� is a patented mixture of hydrogen and natural gas that provides a dramatic reduction in nitrous oxide emissions, a source of harmful photochemical smog. India has set a target of having at least 20% of all vehicles operate on hydrogen-based fuel by 2020--an estimated one million vehicles. Along with other hydrogen fuel projects Eden is undertaking in India, the United States, and Europe, the Delhi station is seen as a springboard for commercial rollout of Hythane� worldwide. �India�s first hydrogen fueling station will be a showcase for public access to this environmentally beneficial alternative fuel,� said Eden Energy�s Executive Chairman Greg Solomon. �We expect to expand here rapidly to present a model to the world in which Hythane� is the fuel of choice in a thriving hydrogen economy.� Hythane� leverages the benefits of hydrogen into the existing natural gas infrastructure. An estimated 7 million natural gas vehicles and 10,000 natural gas fueling stations worldwide present an extensive market for this optimized blend of hydrogen and natural gas that is significantly less expensive than diesel fuel or gasoline, and offers near-zero emissions. Countries with the largest natural gas vehicle use include Argentina, Pakistan, Brazil, Italy, India, and the United States. �Hythane� is the transitionary fuel that will lead India from a hydrocarbon economy to the hydrogen economy,� said Roger Marmaro, President of Hythane. �During this implementation period, India will see immediate benefits, realizing a 95% reduction in emissions at a much lower cost than conventional fuels.� About Eden Energy Eden Energy Ltd. (ASX:EDE) is a diversified clean energy company providing global alternative energy solutions. The company focuses on producing, storing, and delivering hydrogen to market to power hydrogen-based transportation. Hydrogen technologies developed and marketed by Eden include Hythane�, a near zero emissions alternative fuel. Hythane Company LLC is based in Littleton, Colorado, USA. For more information, please visit www.edenenergy.com.au or http://www.hythane.com. About IndianOil Corporation IndianOil Corporation, a Fortune 500 company, is India�s largest commercial enterprise and widely recognized as the nation�s dominant energy brand. With core values of quality, reliability, service, and stringent checks built into its operating systems, IndianOil has ensured the trust of over a billion Indians over the last four decades. For more information, please visit http://www.iocl.com/products.aspx.