Issue of Equity

Quadrise Fuels International PLC
24 November 2006

Quadrise Fuels International plc ('the Company')

Nabarro Wells Corporate Finance LLP have exercised their option to acquire
300,000 ordinary shares in the Company at 10p per share. The shares will be
issued and allotted by the Company in due course, and it is anticipated that the
shares will be admitted to trading on AIM on 30 November 2006.


24 November 2006




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