German Environmental Fund Grant

Embargoed Release: 07:00hrs, Tuesday 28th October 2008

                               Zenergy Power plc                               

                          (`Zenergy' or the `Group')                           

                        German Environmental Fund Grant                        

Zenergy Power plc (AIM:ZEN.L), the specialist manufacturer and developer of
commercial applications for high-temperature superconductive (`HTS') materials,
is pleased to announce that its German subsidiary Zenergy Power GmbH has been
awarded a €115,000 grant (60% funding coverage) for its €192,000 project by the
German Environmental Fund for the purpose of evaluating a number of additional
applications for its ground-breaking HTS induction heater technology.

The allocation of this grant follows recent feedback, as announced on 9th
October 2008, on the operational performance of the Group's first commercially
sold HTS induction heater, which demonstrated the Group's HTS induction heater
increased the productivity of the operations of the Group's customers by 25%
whilst reducing energy consumption by 50%.

The proceeds of the grant will be used by the Group to evaluate how the
existing design of its HTS induction heater can be adapted for multiple shapes
and sizes of metal billets commonly used by industrial suppliers within the
global metals industry.

                                    -Ends-                                     

Further information

Dr. Jens Müller                 Zenergy Power Plc        + 49 2226 9060 200  
                                                                             
Vikki Krause                    Hansard Group            + 44 207 245 1100   
                                                                             
Tom Hulme                       Teathers Limited         + 44 207 426 9000   

About Zenergy Power plc

Zenergy Power plc is a global specialist manufacturer and developer of
commercial applications for superconductive materials. Comprising three
operating subsidiaries located in Germany, USA and Australia, Zenergy is highly
focussed on the commercialisation of a number of energy efficient applications
to be adopted in energy intensive industrial processes, power distribution and
renewable power generation. Zenergy achieved the world's first sale of an
industrial scale HTS induction heater which is now in operation.

About superconductivity

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.

Superconductors enable:

(a) Induction Heaters to be twice as efficient for the metals industry

(b) Fault Current Limiters to protect power grids from blackouts

(c) Direct-drive wind generators to be significantly reduced in size and weight
allowing the operation of wind generators in excess of 8 MW

(d) Existing hydro-power sites to upgrade to energy efficient Hydro-generators