Update on Plans

Quadrise Fuels International PLC
17 July 2007


17th July 2007

                        Quadrise Fuels International plc

                         ('Quadrise' or 'the Company')

                                    AIM: QFI

          QUADRISE FUELS INTERNATIONAL IDENTIFIES OIL REFINING INDUSTRY
                            AS MAJOR AREA FOR GROWTH


Quadrise Fuels International, the AIM listed specialist manufacturer of MSAR(R)
emulsion, plans to target the oil refining industry to promote its technology
which can enable oil refiners to dramatically reduce costs by developing residue
sources for manufacture of its MSAR(R) fuel.

The benefit of MSAR(R) manufacture for refiners is the release of valuable
cutter stock into the distillate pool which significantly improves refining
profit margins. The potential to run heavier and cheaper crudes is particularly
significant to refiners. A saving of $5 per barrel on crude costs translates to
a reduced operating cost of over $300 million per annum for a 200,000 barrel per
day refinery.

Quadrise acts as a sink and purchases the increased residue volumes arising from
heavier crudes, solving a major disposal problem for the refiner. MSAR(R)'s
price competitiveness has meant that Quadrise can place the residues at power
plants that are equipped with the necessary flue gas abatement equipment. Not
only does Quadrise eliminate the refiners disposal problems arising from low
value residue, but the usual sulphur emissions associated with these materials
are processed in custom built facilities in an environmentally acceptable
manner.

Dr. Ian Duckels, a consultant to Quadrise and former Chairman of Nerefco, the BP
/Texaco Joint Venture refinery in Rotterdam, and currently a specialist lecturer
in refinery economics for the Petroleum Economist said: 'For certain refineries
with suitable configurations and the ability to supply appropriate power
generation facilities, an MSAR(R) solution is the low-cost, margin-enhancing,
easy-to-implement and efficient option, particularly when compared to other more
conventional high-capital cost upgrading processes. Processing residue to MSAR
(R) avoids production of the significant additional quantities of greenhouse gas
on the refinery site associated with conventional upgrading technologies.'

Bill Howe, CEO, Quadrise Fuels International, said: 'In addition to its
application in the downstream refining industry, the relevance of MSAR(R)'s role
for oil field power generation and simultaneous enhancement of oil recovery
through injection of carbon dioxide into hydrocarbon reservoirs has become
obvious. The International Energy Agency have announced that the worlds supply
of oil will be even tighter in five years time and this technology has a place
in extending reserves and crude output in the timeframe.'


For further information, please contact:

Quadrise Fuels International plc
Bill Howe, CEO
T: [phone]

Smith & Williamson Corporate Finance Limited
Azhic Basirov / Siobhan Sergeant
[phone]

Parkgreen Communications
Simon Robinson / Clare Irvine
[phone]


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(R) (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.



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