Admission to AIM

CAP-XX Limited
20 April 2006


20 April 2006


           CAP-XX Limited announces the first day of dealings on AIM


CAP-XX Limited ('CAP-XX' or the 'Company'), the world-leading supercapacitor
manufacturer, today announces the admission to trading of its ordinary shares on
the AIM market of the London Stock Exchange ('Admission').


The Admission is by way of a placing of 18,433,333 new shares ('Placing') at 93p
per share ('Placing Price'), representing 38 per cent. of the enlarged issued
ordinary share capital of the Company. The gross proceeds of the Placing are
approximately £17.1m. Following Admission the number of ordinary shares in issue
will total 48,565,893.


Based on the Placing Price, the Company will have a market capitalisation at
Admission of around £45.2 million.


CAP-XX Chief Executive Anthony Kongats said:


'Floating on AIM is a real milestone for CAP-XX and is pivotal in our Company's
aim to become the number one supplier of supercapacitors into the mobile devices
market.'


'We believe that there is a fantastic opportunity in this market, as mobile
handset providers seek to provide increasingly power hungry applications, such
as quality flash photography. At present there is a widening gap between the
power these applications require and the power current battery solutions
provide. The attributes of the CAP-XX solution means we are ideally placed to
capitalise on this by providing an immediate and easily accommodated solution to
the issue of power in mobile devices.'



Contact:


CAP-XX
Anthony Kongats, Chief Executive Officer                  [phone]


Gavin Anderson & Company (Financial PR)
Deborah Walter / Robert Speed / Keith Brookbank           [phone]


Collins Stewart Limited (Nominated Adviser and Broker)
Stephen Keys                                              [phone]



More information is available at www.cap-xx.com


Business Summary

• CAP-XX is a world leader in the design and manufacture of thin form
supercapacitors and energy management systems, predominantly for portable
electronic devices.


• The unique feature of CAP-XX's supercapacitors is their ability to store
high volumes of energy and output high power levels within a thin form
design. These attributes will be critical for the next generation of high
volume, power-hungry portable electronic devices, including mobile phones.


• Portable devices are one of the fastest growing segments of the
electronics market and provide the greatest opportunities for CAP-XX's products.
The company's supercapacitors help to increase battery runtime and enable
additional device functionality, neither of which is possible with existing
battery technology. CAP-XX is in discussions with leading mobile phone handset
manufacturers for the commercial deployment of its technology.


• CAP-XX's products are already an established enabling technology for
the current generation of wireless devices, such as PDAs (Personal Digital
Assistants) and PCMCIA (Personal Computer Memory Card Association) cards.
CAP-XX's supercapacitors are currently being used by a number of blue chip
consumer electronics companies.


• Although the camera phone market is the company's initial focus, there
are many other potential applications for the company's technology, including
digital still cameras, fuel cells and portable drug delivery systems.


Company Background


• CAP-XX is incorporated in Australia, has its headquarters and
manufacturing facility in Sydney and has a manufacturing agreement with Polar
Twin Advance of Malaysia, which provides the Company with high volume
manufacturing services.


• CAP-XX was established in 1997 by Anthony Kongats (Chief Executive
Officer) and has been backed by some of the world's leading technology
investors, including Intel, Acer and Walden, as well as the Australian
government. The company built its pilot production plant in 1999, opened offices
in the United States in 2000 and in Taiwan in 2002, and in 2003 began shipping
products.



The contents of this announcement, which has been prepared and issued by and is
the sole responsibility of CAP-XX Limited, have been approved solely for the
purposes of section 21 of the Financial Services and Markets Act 2000 by Collins
Stewart Limited. Collins Stewart Limited, which is authorised and regulated in
the United Kingdom by the Financial Services Authority, is acting for CAP-XX
Limited and for no-one else in connection with the matters described in this
announcement and will not be responsible to anyone other than CAP-XX Limited for
providing the protections afforded to customers of Collins Stewart Limited or
for advising them on the contents of this announcement or any matter referred to
herein.


This announcement does not, and no part of it shall, constitute or form part of
any offer for sale or subscription of securities, or any solicitation of any
such offer in any country, nor shall it, or any part of it, form the basis of or
be relied upon in connection with any contract or commitment whatsoever. Any
eventual acquisition of, or application for, shares in CAP-XX Limited should be
made solely on the basis of information contained in the admission document
relating to CAP-XX Limited to be issued in due course in connection with the
proposed admission to trading of shares to AIM, a market operated by London
Stock Exchange plc, and in compliance with applicable securities laws.


This announcement is not for release, publication or distribution, in whole or
in part, in or into the United States of America, Canada, Japan or any
jurisdiction where such announcement would be unlawful.


The value of securities can go down as well as up. Past performance is no
guarantee of future performance.






                      This information is provided by RNS
            The company news service from the London Stock Exchange