Institutional Placing

Embargoed Release: 07:00hrs Thursday 26th April 2007

                               Zenergy Power plc                               

                                 (`The Group')                                 

                   Institutional Placing to raise £6,000,000                   

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 following an institutional road show of the Group,
4,285,746 new ordinary shares of 1p each in the Group (`Placing Shares') have
been conditionally placed by Ambrian Partners with a number of institutional
investors at a price of 140p per Placing Share, raising a total of £6,000,000
for the Group (`the Placing').

The Group will use the placing proceeds for general working capital purposes,
including the acceleration of its ongoing research and development activities
within the field of HTS materials with the aim of bringing to market a range of
highly energy efficient products with applications for the production,
distribution and consumption of electrical energy.

In particular, the proceeds will be used in the groundbreaking work that the
Group is conducting with Converteam SAS to bring to market a range of highly
efficient, light-weight and compact wind generators for the offshore wind
market.

The Placing is conditional on the Placing Shares being admitted to trading on
AIM. The Placing Shares will rank on their issue pari passu in all respects
with the existing ordinary shares in the Group. Application will be made for
the Placing Shares to be admitted to trading on AIM, which is expected to be on
or around 1 May 2007.

                                    -Ends-                                     

Further information:

Dr. Jens Müller                 Zenergy Power Plc        + 49 22 26 90 60 200
                                                                             
Andrew Tan                      Hansard Group            + 44 207 245 1100   
                                                                             
                                www.hansardgroup.co.uk                       
                                                                             
Tim Goodman                     Ambrian Partners         + 44 207 776 6423   

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), Zenergy 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.

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.

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 by the following key factors:

(a) HTS materials are highly complementary to energy efficient technologies as
a substitute for copper

(b) HTS wires have power densities of over 100x that of copper

(c) Current developments are leading to substantially reduced costs in the
production of HTS wires and are targeting to be cheaper than copper over the
next few years.

(d) HTS applications deliver exceptional energy efficiencies and thus reduced
power consumption and running costs

(e) HTS technology is set to play a significant role in reducing CO2 emissions
in line with international targets

(f) HTS applications are capable of delivering vastly increased levels of power
with increased reliability and reduced material usage