First Day of Dealings

Oxford Catalysts Group PLC
26 April 2006


26th April 2006


                            OXFORD CATALYSTS GROUP PLC

                      ('Oxford Catalysts' or 'the Company')


            SUCCESSFUL £15 MILLION FUNDRAISING AND ADMISSION TO AIM

Oxford Catalysts Group, which focuses on developing specialty catalysts with
particular application in the generation of clean fuels from fossil fuels and
certain renewable sources, has today been admitted to the AIM market of London
Stock Exchange plc.

KBC Peel Hunt Ltd is Oxford Catalysts' nominated adviser and broker

£15 million (£14 million net of expenses) was raised for Oxford Catalysts via an
over-subscribed placing of 8,620,690 shares at a price of 174 p per ordinary
share of 1p each, valuing the Company at £65 million. A further £2 million was
raised on behalf of IP2IPO Limited.

The Group's catalysts are based on over 19 years of research at the University
of Oxford's world-leading Wolfson Catalysis Centre, headed by Professor Malcolm
Green, a highly regarded inorganic chemist and a co-founder of the Company.
This research has resulted in a unique platform of licensed intellectual
property and proprietary rights.

Oxford Catalysts' carbide-based catalysts can match or exceed the benefits of
traditional precious metal catalysts for certain reactions, typically those
involving hydrocarbons, at a lower cost.

The Company has developed and licensed its technology with applications in the
following markets:
     
•    Removal of sulphur from hydrocarbon fuels - (hydro-desulphurisation,
     ('HDS'))

•    Converting natural gas or coal into virtually-sulphur-free liquid fuels 
     (known as GTL and CTL respectively) - (Fischer-Tropsch ('FT'))

•    Hydrogen-on-demand, producing hydrogen for fuel cells instantaneously from 
     room temperature. This breakthrough technology has the potential to
     significantly accelerate the commercial adoption of fuel cells in the 
     portable and other mobile applications markets
     
•    Producing high temperature steam from a liquid fuel starting from ambient 
     temperatures for use in portable and motive applications

The Company intends to apply the net proceeds of the Placing to provide working
capital to finance the Group's development and commercialisation strategy which
currently comprises the refinement of existing catalysts, the recruitment of up
to 25 employees over the next 18 months, the re-location to, and fit-out of, new
premises and the purchase of necessary laboratory equipment, and the enhancement
of its portfolio of intellectual property.

Commenting on the Group's Admission to AIM, Roy Lipski, Chief Executive of
Oxford Catalysts Group plc said:

'We are delighted with the Placing and admission to AIM, following the strong
demand for our shares.  The money raised will allow us to commercialise, develop
and expand on our current portfolio of licensed IP, which we are confident will
help to revolutionise the market for 'clean fuels'.'


Placing statistics

Placing price                                                                                             174p
Number of Placing Shares                                                                             8,620,690
Comprising:
New First Admission Shares                                                                           8,390,805
Second Admission Shares*                                                                               229,885
Number of Existing Ordinary Shares to be placed on behalf of IP2IPO Limited                          1,149,425
Number of Ordinary Shares in issue on Admission                                                     37,341,183
Market capitalisation of the Company at the Placing Price on Admission                             £65 million
Placing Shares as a percentage of the Enlarged Issued Share Capital                               23 per cent.
Gross proceeds of the Placing receivable by the Company                                            £15 million
Net proceeds of the Placing receivable by the Company                                              £14 million


*Application has been made for admission of 229,885 Ordinary Shares in respect
of the Second Admission Shares placed with certain VCTs. Dealings are expected
to commence in these Ordinary Shares on 27 April 2006.



                                    - Ends -


For further information, call:
Roy Lipski, Oxford Catalysts                                       0791 7826 863
Jonathon Brill/Billy Clegg, Financial Dynamics                     020 7831 3113
Megan MacIntyre, KBC Peel Hunt                                     020 7418 8900

www.oxfordcatalysts.com


Notes to Editors

About Oxford Catalysts

Oxford Catalysts is focused on developing specialty catalysts with particular
application in the generation of clean fuels from both fossil fuels and certain
renewable fuels such as biogas. Its catalysts are based on over 19 years of
research at the University of Oxford which has resulted in a unique platform of
proprietary rights, including an exclusive worldwide license for their licensed
intellectual property. The Company was founded by Professor Malcolm Green and Dr
Tiancun Xiao, two highly regarded and experienced inorganic chemists, to
commercialise research at the world-leading Wolfson Catalysis Centre.

Catalysts are a key element in the production process of certain clean fuels,
including low-sulphur gasoline and hydrogen gas for fuel cells. Catalysts can
reduce the cost of producing useful chemicals and, in some circumstances, it is
impossible to make chemical products economically without them.

Oxford Catalysts has identified applications for its catalyst technology in the
petroleum and petrochemicals market, in particular for the
hydro-desulphurisation ('HDS') of crude oil fractions and for Gas-to-Liquid ('
GTL') and Coal-to-Liquid ('CTL') processing. The Company is also aiming to
develop products for fuel cells, including both high temperature and low
temperature reforming catalysts along with associated prototype reformers for,
inter alia, the portable device market and domestic combined heat and power.
The Company's carbide-based catalysts can match or exceed the benefits of
traditional precious metal catalysts for certain reactions, typically those
involving hydrocarbons, at a lower cost.

In addition, the Company has developed catalysts to be used in further
applications such as biogas conversion and steam production, and is developing
associated prototype devices for the steam applications market, such as steam
cleaning.



Oxford Catalysts' Board of Directors

Dr Pierre Jungels, CBE (62), Non-executive Chairman
Roy Lipski (34), Chief Executive Officer
Dr William Barton (54), Chief Operating Officer
Paul Barnes, FCCA (52), Finance Director
Dr Tiancun Xiao (40), Chief Scientific Officer
Professor Malcolm Green (70), Non-executive Director
Dr Jan Verloop (62), Non-executive Director
Dr Andy Naylor (33), Non-executive Director



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