Re: Contract

14 September 2006

                            Surface Transforms plc                             

                                (the "Company")                                

                      Aircraft Brake Development Contract                      

The Company is pleased to announce a development agreement with a major global
supplier of carbon-carbon aircraft brake systems. Surface Transforms is now in
active collaboration with three out of a total of six such major global
suppliers. The objective of the development contract is to produce a low wear
longer-life silicon carbide carbon-ceramic brake based specifically on the
client's incumbent carbon-carbon precursor.

Successful tests at the client's site on sub-scale aircraft disc brakes were
completed in May 2006 and the agreement will now extend that work programme to
include full-scale aircraft discs which will be developed by Surface Transforms
for testing by the client.

Under the terms of the agreement the global brake supplier will fund all costs
relating to the work programme. Development work on the programme is scheduled
for completion and review in the fourth quarter of the Company's current
financial year. If the development work is successful the Board expects to
enter into discussions regarding a more extensive programme of work.

For enquiries, please contact:

Surface Transforms plc
Dr Kevin Johnson 0151 472 3733
Dr Geoff Gould 0151 472 3733

John East & Partners Limited (Nominated Adviser)
Simon Clements 020 7628 2200
David Worlidge 020 7628 2200

Teather & Greenwood Limited (Broker)
Mark Dickenson 020 7426 9000
Sindre Ottesen 020 7426 9000