Change of Adviser

AFC Energy Plc
31 January 2008



31 January 2008



                                 AFC Energy Plc

                          Change of Nominated Adviser


The Board of AFC Energy Plc, ('AFC Energy' or the 'Company'), the low cost
alkaline fuel cell company, is pleased to announce that Blue Oar Securities Plc
has been appointed as Nominated Adviser to the Company with immediate effect.



For further information please visit www.afcenergy.com or contact:




AFC Energy Plc                                                     01483 276 726
Gerard Sauer, Chief Executive


Blue Oar Securities Plc - Nominated Adviser & Broker               020 7448 4400
Shane Gallwey
Jerry Keen


Madano Partnership                                                 020 7593 4000
Mark Way
Graham Moonie






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