Directorate Change

Quadrise Fuels International PLC 22 January 2008 Quadrise Fuels International ('Quadrise' or 'the Company') (AIM: QFI) Director Appointment The Board of Quadrise is pleased to announce the appointment of Jason Miles, Vice President - Business Development, as an Executive Director following the departure of Mr. Anthony Kallis. Jason Victor Miles (age 37) started his career in 1990 as a process engineer for BP Engineering in London. In 1992 he was seconded to the joint venture with Petroleos De Venezuela SA that established the market for Orimulsion. He has over 10 years of specialist technical, environmental and commercial product knowledge in the use of emulsion fuel for power generation. From 2004, and prior to joining Quadrise in 2006, he was a Senior Consultant in Energy Trading and Risk Management for OpenLink. Jason holds a B.Eng (Hons) in Chemical Engineering from Loughborough University and an Executive MBA (Finance) with distinction from Cass Business School in London. He is a chartered chemical engineer. Commenting on the appointment, Bill Howe, Chief Executive Officer of Quadrise stated: 'We are delighted to appoint Jason to the Quadrise Board. On joining the Company in 2006, Jason's prior emulsion fuels experience quickly and positively impacted Quadrise's business development activity, and has resulted in Quadrise advancing several projects to a point where negotiations with a number of leading industry participants are expected to be realised. Quadrise's management team contains a unique combination of skills across the entire fuel processing chain from hydrocarbon sourcing and valuation, through distribution logistics and applications engineering at the point of use. This expertise, coupled with the enhanced technology behind MSAR, our second-generation emulsion fuel, is finding recognition as a value-adding solution for both refiners seeking to cost effectively dispose of vacuum residues, and power generators seeking a lower-cost, oil-based fuel.' Mr. Miles has no current and has had no previous directorships and partnerships over the past five years. Mr. Miles has options to 750,000 ordinary shares at 14.23p per share granted in March 2007 and 2,500,000 ordinary shares at 1.00p per share granted in December 2007. There is nothing further to disclose in relation to Jason Miles's appointment pursuant to Rule 17 of the AIM Rules for Companies. MSAR is a registered trade mark of Quadrise Fuels International plc. For further information, please contact: Quadrise Fuels International plc Bill Howe CEO T: +44 (0)20 7550 4930 Smith & Williamson Corporate Finance Limited Azhic Basirov / Siobhan Sergeant +44 (0)20 7131 4000 Notes to editors: Quadrise Fuels International plc ('Quadrise') produces an emulsion fuel as a low cost substitute for conventional heavy fuel oil ('HFO') for use in power generation plants and large steam raising or energy consuming industries. In manufacturing its fuels, Quadrise uses the least valuable elements of the oil barrel, thus providing a very cost effective product whilst simultaneously facilitating a means to market for the least desirable heavy crudes and refinery derived residues. The emulsion fuel product, termed MSAR (Multiphase Superfine Atomised Residue), has superior combustion characteristics to conventional HFO and coal, and has comparable or superior environmental performance in respect of greenhouse emissions. In addition to providing operating cost savings MSAR may facilitate the upward revaluation of resource or industrial plant assets by extending their economic life or increasing their on-line load factor. Quadrise adopts a number of business models, including on site fuels manufacture at refineries, at point of use - either adjacent to or on customers facilities, and at central manufacturing facilities acting as bulk fuel suppliers. This information is provided by RNS The company news service from the London Stock Exchange

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Quadrise (QED)
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