Contract Win

Embargoed Release: 07:00hrs Wednesday 26 September 2007

                               Zenergy Power plc                               

                          (`Zenergy' or the `Group')                           

                     HTS Induction Heater Design Contract                      

Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer of
commercial applications for superconductive (`HTS') materials, is pleased to
announce that, further to the first commercial sale of its groundbreaking HTS
induction heater, it has now been commissioned by a global metals producer
(`the Client') to carry out design work to adapt the heater specifically for
processing their heavy non-ferrous metals.

As announced on 24 September 2007, the Group recently sold the world's first
HTS induction heater to the industrial aluminium producer Weser Alu GmbH
(`Weser Alu'). Weser Alu purchased the machine from the Group's wholly owned
subsidiary Trithor GmbH, Germany to improve the performance and efficiency of
its industrial heating of aluminium billets. In doing so, Weser Alu will
increase the productivity of its metal production facilities, improve the
overall economic efficiency of its industrial processes and reduce its annual
carbon footprint.

It is in recognition of these aforementioned economic and environmental
advantages that the Client has commissioned the Group to carry out this design
work. This HTS induction heater is foreseen to be used to heat `heavy
non-ferrous' metal billets under very demanding industrial conditions.

By adopting the Group's proprietary HTS components, the HTS induction heater is
capable of delivering significant reductions in energy consumption to the
metals industry with consequent savings in associated operating costs and
reduction in carbon emissions. From both an economic and environmental
perspective, these energy savings are of particular significance when it is
considered that, dependent on the country, between 1% and 5% of the total
annual electricity consumed in any industrialised country is directly
attributable to the operation of electrical heating equipment in the metals
industry.

The Board considers this commitment of funds from the Client as a further
significant commercial endorsement of the benefits brought about by the
efficiencies of the Group's HTS induction heater technology.

The current addressable market for the Group's induction heaters is estimated
to be c. €2 billion per annum.

                                    -Ends-                                     

                             www.zenergypower.com                              

        www.australiansc.com / www.scpowersystems.com / www.trithor.com        

For further information:

Dr. Jens Müller                 Zenergy Power Plc        + 49 22 26 90 60 200
                                                                             
Chief Executive Officer                                                      
                                                                             
Tom Hulme                       Landsbanki Securities    [phone]    
                                (UK) Limited                                 
                                                                             
Andrew Tan                      Hansard Group            + 44 207 245 1100   
                                                                             
                                www.hansardgroup.co.uk                       

About Zenergy Group Plc

Zenergy Power plc is a global specialist manufacturer and developer of
commercial applications for superconductive materials. Comprising three
operating subsidiaries located in Germany (Trithor), USA (SC Power Systems) and
Australia (Australian Superconductors), the Group is developing a number of
energy efficient applications to be adopted in renewable energy power
generation, energy distribution and large scale, energy intensive industrial
processes.

Superconductive materials are capable of conducting electricity without any
resistance and were first discovered in 1911 in what was to prove to be one of
the most significant scientific breakthroughs of the 20th century.

The global HTS market is substantial and growing, with a number of market
studies projecting multi-billion dollar markets for the application of HTS
materials and products. The proliferation of the use of superconductor
materials is largely being driven the following key factors:

  * HTS materials are highly complementary to energy efficient technologies as
    a substitute for copper;
   
  * HTS wires have power densities of over 100X that of copper;
   
  * HTS materials deliver exceptional energy efficiencies and thus reduced
    consumption and running costs;
   
  * HTS applications are capable of delivering vastly increased levels of power
    with increased reliability and reduced material usage;
   
  * current developments are leading to substantially reduced costs in the
    production of HTS materials and are targeting to be cheaper than copper
    over the next few years; and
   
  * HTS technology is set to play a significant role in reducing CO2 emissions
    in line with international targets.