Trading Update

Ethanol Investments PLC
18 December 2007




                            Ethanol Investments plc
                            ('EI' or 'the Company')

                                 Trading update
    Proposed creation of a major new cleantech activist shareholding group.
                            Proposed change of name
          Proposed acquisition of portfolio of cleantech investments.

Ethanol Investments plc ('EI' or 'the Company'), is pleased to announce that it
has entered into detailed Heads of Terms to acquire a number of investments in
the renewable, clean technology and related industries. It is intended that
consideration for these acquisitions will be made via the issue of approximately
£12 million of new EI shares at a premium to the price at which the Company's
shares where suspended on 25 October 2007.

In addition, EI intends to change its name to 'Evergreen Securities plc' and to
expand its Board with the appointment of several new Non-Executive Directors.

The proposed acquisitions and corporate changes are intended to provide the
platform for the creation of a major new activist shareholder group, focusing on
the European renewable and cleantech sectors. It is the intention of the new
Board to make further selective investments in the near future, initialing
focusing on assets or companies in the public or pre-IPO arena, where it feels
it can add value or engender the realization of that value in the short to
medium term.

Investments:

The investments are to be acquired from a number of parties including the
financier, Ben Goldsmith, Libra Natural Resources plc, the AIM quoted investment
company, and Maitland Investments, an Asian based international private
investment company. The assets comprise minority stakes in a variety of
companies including:


Waipuna Holdings Ltd (www.waipuna.com):
Waipuna is an alternative pesticides company, which has developed a patented
organic hot-foam application to effectively kill weeds in municipalities,
organic agriculture and the home-garden environment.

Cleantech Capital Group LLC (www.cleantech.com):
The Cleantech Group connects venture, corporate and institutional investors with
clean technology entrepreneurs, through related information products and
advisory services, an executive search division and a listed cleantech index.

The CarbonNeutral Company Ltd (www.carbonneutral.com):
The CarbonNeutral Company is one of the world's leading carbon offset and
climate consulting businesses, which enables individuals and corporates to
measure and offset their carbon emissions through a number of
independently-verified worldwide technology and forestry projects.

London Bridge Capital Ltd (www.londonbridgecapital.com):
LBC is a specialist FSA-regulated cleantech investment bank specialising in the
provision of advice to small and medium enterprises whose products are in the
clean technology space, with a particular focus on the renewable energy industry

Prometheus Energy, Inc (http://www.prometheus-energy.com):
Aim-listed Prometheus Energy is a fuel company that produces, sells and
distributes liquid natural gas, LNG. LNG is a clean burning, less expensive and
safe alternative to diesel fuel and propane. The company produces this fuel from
stranded and waste sources of methane gas, in the United States, Europe and
elsewhere.

Name and Board Changes:
Conditional on the completion of these acquisitions, expected to occur early in
2008, it is proposed that EI simultaneously changes its name to 'Evergreen
Securities plc ('Evergreen')'. Furthermore, the Company is delighted to announce
that Barbara Judge, Laurence Holyoake and Nigel A' Brassard have agreed to join
the Board upon completion and the re-admission of Evergreen to AIM. In addition
to Peter Greensmith, who will assume the role of Chief Executive Officer of the
Company, the new Board will therefore comprise:

Barbara Judge - Non-Executive Director
Barbara is Deputy Chairman of Friends Provident plc and Chairman of the School
of Oriental & African Studies.  In addition she is Chairman of the United
Kingdom Atomic Energy Authority and a number of other public and private
companies.

Nigel A'Brassard - Non-Executive Director
Nigel has been an investment banker for almost 30 years.

He began his banking career with Samuel Montagu (now part of HSBC Investment
Bank), where he was an Assistant Director in the International Capital Markets
Division, based in Sydney and London. In 1986, Nigel joined Kleinwort Benson
(now Dresdner Kleinwort), where, over the next 15 years, he held several Board
positions in London, Madrid and New York, and, inter alia, headed-up ran the
Global Equity Capital Markets, Mergers & Acquisitions and North American
Corporate Finance activities.

Since 2001, Nigel has been Chief Executive Officer of Lenox Hill Investments
Limited, a company involved in asset management and providing financial advice
to a range of international energy companies.

Laurence Holyoake - Non-Executive Director
Laurence, age 39, has had over 15 years of senior banking and investment
experience in Asia, North America and Europe. Laurence worked initially with
Barclays in London and then the leading global inter broker dealers CMTS and
Inter Capital in Hong Kong for whom he developed highly profitable Asian
businesses. In 1998 he joined the Japanese partner of the Tullet Group and was
key in developing and managing their Japanese business.

Laurence and his brother Mark founded the British Seafood Group in 1995 and in
2001 Laurence took up the full time position of Group Managing Director at the
company, which, in 2004, the Sunday Times Survey rated as the 17th fastest
growing company in the U.K. During 2005 to 2007 Laurence was instrumental in
re-energizing and significantly building BGC Partners' US interest rate
derivative market business.

Following the re-admission of Evergreen Securities, the new Board will also draw
upon the services and input of the leading sector financier, Ben Goldsmith. Ben
will supply consultancy services to Evergreen, offering his wealth of
experience, expertise and contacts to the Company as its seeks to further extend
its presence in the cleantech pre-IPO and small-cap public markets.

Peter Greensmith, said: 'We are delighted to have access to the talents
of people of the calibre of Barbara Judge and Ben Goldsmith. Having someone of
Barbara's international business and financial reputation on the Board of our
new Company represents a tremendous coup for Evergreen. Ben's experience in
clean tech investment, meanwhile, is well known, and has been of clear benefit
to the companies which EI has now bought into.

With Nigel A' Brassard's unqualified international financial services expertise
and the tremendous entrepreneurial and investment talents of Laurence Holyoake,
we now have a truly international caliber Board, one which will under-pin and
drive forward the growth strategy of the Company'.

Ben Goldsmith - who is also, separately, a partner in the investment fund WHEB
Ventures - said yesterday: 'I am delighted to see the investments I made
now start to be realised, as these companies' potential becomes clear.  Peter
Greensmith and the new team at Evergreen are experienced in both clean
technology and the public markets, and I look forward, as a shareholder and
advisor to the company, to working with them in the future.'

Following the re-admission of Evergreen, John Stirling will cease to be a
Director of the Company.

The Company also confirms that the third party talks first announced on 11
September 2007 have terminated.

The proposed acquisitions will comprise a reverse takeover of the Company under
AIM Rules, and an admission document, containing full details of the proposals
and convening a general meeting of the Company, is expected to be dispatched to
shareholders in early 2008.




For further information:
Ethanol Investments plc
Peter Greensmith, Chief Executive             Tel: [phone]

Seymour Pierce Ltd
Nominated Advisor & Broker                    Tel: [phone]
Jonathan Wright/Matthew Thomas

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