Placing

Gas Turbine Efficiency PLC
08 February 2007


8 February 2007


                           Gas Turbine Efficiency plc


                                    Placing


Gas Turbine Efficiency plc ('GTE' or the 'Company'), a leading supplier of
advanced high pressure gas turbine cleaning systems for the aviation and power
generation industries, announces that it has conditionally allotted 2,888,890
new ordinary shares ('Subscription Shares') of 0.2 pence each in the capital of
the Company ('Ordinary Shares') at 45.0 pence per share (the 'Subscription
Price') to raise approximately £1.3 million (before expenses). The Subscription
Shares have been allotted out of the Company's existing share allotment
authorities.

Completion of the subscription is conditional on admission to trading on AIM of
the Subscription Shares occurring on or by 20 February 2007. Application for
admission is being made today and admission is expected to occur on 14 February
2007.


Enquiries:

Gas Turbine Efficiency plc
Steven Zwolinski, CEO                        [phone] on the day
                                             [phone]
Libertas Capital
Aamir Quraishi, Charles Goodfellow           + 44 20 7569 9650

Corfin Communications
Neil Thapar, Harry Chathli                   [phone]


About GTE

GTE, whose shares are trading on the AIM market of the London Stock Exchange,
develops, assembles and markets cleaning systems, as well as other associated
equipment, for the internal cleaning of gas turbine compressors. The Company
sells its products globally to international blue chip customers in the aviation
and industrial sectors and to date its products have been used on over 1,000 gas
turbines across 34 countries in Europe, the Middle East, Asia and the Americas.
Its operational centres are located in Stockholm, Sweden; St Petersburg, Russia
and Houston, Texas, USA.



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