CAP Clean Air

    RNS Number : 5785U
  Clean Air Power Limited
  15 May 2008
   


 For Immediate Release  15 May 2008


    Clean Air Power Ltd
     ("Clean Air Power" or "the Company")

    Grant of Share Options to Directors


    Clean Air Power Limited (AIM: CAP), the developer of Dual-FuelTM combustion technology that enables heavy-duty diesel engines to run on
a combination of both diesel and natural gas, announces that the following share options were granted to directors on Wednesday, 14 May
2008:

                   Number of shares    Option Price per       Date of First      Total Number of shares under option
               granted under option         share                Exercise                  following grant

 John Pettitt       1,125,000               19.0p              14 May 2011                    2,566,791

 Peter Rowse         150,000                19.0p              14 May 2011                     391,168




    For further information please contact:

 Clean Air Power                +44 (0)1494 527110
 John Pettitt, Chief Executive
 Peter Rowse, Finance Director

 Buchanan Communications        +44 (0)20 7466 5000
 Charles Ryland
 Ben Willey
 Ben Romney

 Canaccord Adams Ltd            +44 (0)20 7050 6500
 Robert Finlay
 Bhavesh Patel




    Notes to Editors

    About Clean Air Power 

    Clean Air Power is the developer and provider of Dual-Fuel* combustion technology for heavy duty diesel engines. Dual-Fuel* engines
substantially cut fuel costs and carbon emissions without sacrificing the original engine's characteristic efficiency or reliability. Clean
Air Power is well positioned to assist corporations and governments to deliver on their environmental commitments while at the same time
reducing transport operators overheads. 

    Initially founded in the USA in 1991, around £40m has been invested in developing the technology with the result that 63 patents are
currently held or pending. The holding company of the Group is based in Bermuda with operational subsidiaries in the UK, the USA and
Australia. The Group was admitted to the AIM market of the London Stock Exchange in February 2006. 

    Further information on Clean Air Power is available at www.cleanairpower.com




This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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