Contract Award

Angle PLC 27 November 2006 For Immediate Release 27 November 2006 ANGLE plc ('ANGLE' or 'the Company') Contract Award ANGLE is pleased to announce that it has won a contract with the Carbon Trust to provide commercial expertise to businesses that demonstrate cost-effective, carbon-reducing solutions. This contract is a continuation of the successful activity undertaken by ANGLE for the Carbon Trust over the last two years. During this time ANGLE has worked with 14 early-stage businesses under the programme delivering business planning advice and development support. The Carbon Trust pays ANGLE up to £65,000 per company to provide them with business advice. CT-ANGLE Incubator companies have enjoyed considerable success to date raising over £25 million investment whilst in the incubator, including two companies, CMR Fuel Cells and Oxford Catalysts that have listed on AIM. It is the intention of both ANGLE and the Carbon Trust to build on the success of the Incubator programme, delivering greater support to a greater number of companies. The new contract is for two years with the facility to extend it for a further year. The Carbon Trust plans considerable marketing activities to attract a greater number of companies, whilst ANGLE intends to uses its growing partnership network, such as the recently announced intellectual property framework with the University of Reading, to source further suitable companies. Andrew Newland, Chief Executive of ANGLE said: 'The award of this contract recognises the key role that ANGLE can play in developing the low carbon technology companies of the future. This is a growth market and we believe our participation in Carbon Trust's programme will yield substantial business opportunities over and above the contract itself.' For further information ANGLE plc +44 (0)1483 295830 Andrew Newland, Chief Executive Buchanan Communications +44 (0)20 7466 5000 Richard Darby, Suzanne Brocks, James Strong Note to editors: About ANGLE Founded in 1994, ANGLE is an international venture management and consulting company focusing on the commercialisation of technology and the development of technology-based industry. ANGLE creates, develops and advises technology businesses on its own behalf and for its clients. ANGLE operates from offices in the UK, the US and the Middle East. ANGLE is listed on AIM (AGL.L); further information can be found at www.angleplc.com About The Carbon Trust The Carbon Trust works with UK business and the public sector to cut carbon emissions and develop commercial low carbon technologies. An independent company set up by Government to help the UK meet its climate change obligations, the Carbon Trust creates practical business-focused solutions to carbon emission reduction on energy efficiency, carbon management, and investment. The Carbon Trust's annual funding is in excess of £105m in grants from the Department for Environment, Food and Rural Affairs (Defra), the Department of Trade and Industry(DTI), the Scottish Executive, the Welsh Assembly Government and Invest NI. For more information on the Carbon Trust visit www.carbontrust.co.uk or call the Carbon Trust on 0800 085 2005. This information is provided by RNS The company news service from the London Stock Exchange

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