Acquisition of BCL

Camco International Ltd
11 May 2007



     Camco increases industrial client base through acquisition of Bradshaw
                                 Consulting Ltd


Camco International Limited ('Camco') is pleased to announce the acquisition of
the UK energy service business Bradshaw Consulting Ltd ('BCL'). BCL has an
established client base with major industrial companies in the UK and USA in
sectors such as Food, Beverages, Pharmaceuticals, Manufacturing and Chemicals.
BCL also works on government programmes in the field of energy efficiency and
carbon management.

BCL, which was formed in early 2003, has developed a suite of software products
which help companies manage and reduce their carbon emissions and report on
corporate and social responsibility across a wide range of geographic locations.
In addition to environmental benefits BCL's software also allows companies to
reduce operational costs through monitoring of energy use, raw material
reductions and waste minimization.

BCL has worked closely with Camco's recent acquisition, ESD Ltd, over the last
two years and there is a strong synergy between the two businesses in the field
of corporate carbon management.

Jeff Kenna, Camco's CEO, said: 'Energy Desktop, BCL's product to monitor carbon
dioxide emissions, is a market leader and will have direct application in the
monitoring and verification of carbon emissions from our existing carbon
portfolio. This is an exciting product poised for growth, that supports our
carbon project development expansion plans in the UK and USA and brings
additional expertise on industrial energy efficiency.'

In the financial year to 31 March 2007, BCL achieved a turnover of £714,000 and
profit before tax of £205,000. At that date BCL had net assets of £368,000
including net current assets of £350,000.

Camco has acquired BCL for an initial consideration of approximately £1.0
million comprising an initial cash payment of £725,000, the issue of 296,296
shares (based on a share price of 67.5p) and a cash payment of £100,000 to be
made in May 2008. Additional consideration up to £475,000 payable in cash is
also payable over the next three years providing certain profits milestones are
achieved.

Clifford Bradshaw retains his position as managing director of BCL.

Application will be made for the 296,296 Shares to be admitted to trading on
AIM, such admission expected during the week beginning 14th May 2007.


For further information please contact:

Camco International Limited     [phone]
Jeff Kenna, Chief Executive Officer
Scott McGregor, Chief Financial Officer

Press

Gavin Anderson                  [phone]
Ken Cronin/Kate Hill/Janine Brewis

Nominated Advisor

KBC Peel Hunt Ltd               [phone]
Jonathan Marren/David Anderson


About Camco (www.camco-international.com)

Camco works with companies in the developing world to identify and develop
greenhouse gas emission reduction projects, managing the entire process from
project initiation to the delivery of carbon credits for sale in the
international market. Camco is a market leader in China and Russia - two of the
largest potential markets for Carbon Credits - as well as in Eastern Europe and
Africa.

Camco has one of the largest carbon credit portfolios in the world, consisting
of 70 projects under exclusive contract with the potential to deliver over 118.8
million carbon credits through to 2012. Camco was voted 'Best Project Developer'
in a survey of carbon industry participants undertaken by Point Carbon.


About Bradshaw Consulting Ltd (www.bradshawonline.com)

Established in 2003 Bradshaw Consulting Ltd is a UK based company operating on a
global level. BCL provides operational cost reduction solutions to industrial
and commercial clients through our balanced team of professional engineers and
IT specialists. BCL has a dedicated team of Chartered Engineers that have
extensive energy management, carbon management, waste minimisation and
environmental consulting experience with commercial and industrial clients
across the world. BCL's core business includes: Energy and Water Management,
Technical Auditing, Carbon Management Programmes, Waste Minimisation,
Environmental Improvement, IT Solutions (Monitoring & Targeting and Corporate
Social Responsibility reporting).


About ESD (www.esd.co.uk)

ESD was established in 1989 and since then has helped to define policies and
implement projects in the mitigation of climate change. It provides advisory and
consulting services, working with Government's, NGO's and private sector
enterprises. ESD also undertakes project development work, both for its own
account and in joint ventures. ESD has a staff of over 120 people working in 8
offices across the UK, Eastern Europe and Africa. In 2006, ESD was voted one of
the Financial Times top 50 'Great Places to Work'. Greenergy International Ltd
is a minority shareholder in ESD Ltd.

ESD Ventures (ESDV) works in partnership to develop carbon reduction businesses
and projects in the UK, China and Africa. ESDV works at its own risk and takes
success fees and equity stakes in the client business. The current ESDV
portfolio includes wind farm development, biomass project development and land
use projects all of which may generate carbon credits.





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