Placing

Gas Turbine Efficiency PLC
03 April 2008




3 April 2008


                           Gas Turbine Efficiency plc
                             ('GTE' or 'the Company')

                                 Share Placing


Gas Turbine Efficiency plc, a leading provider of advanced systems to enhance
the performance of aviation and industrial turbines, announces that it has
conditionally placed 2,231,000 new ordinary shares ('Placing Shares') of 0.2
pence each in the capital of the Company ('Ordinary Shares') at 31.5 pence per
share (the 'Placing Price') to raise £702,765 ($1.4 million) before expenses.
The Placing Shares have been allotted out of the Company's existing share
allotment authorities.

The purpose of the Placing is to enable the Company to capitalise upon its
current and future growth initiatives and continue the strong progress made in
2007 as stated in recent trading updates of 23 January and 3 March 2008.

Completion of the Placing is conditional on admission to trading on AIM of the
Placing Shares and application for admission is being made today with admission
expected to occur on or around 9 April 2008.

The Company also announces that an additional 476,000 shares in aggregate will
be allotted to top management, including the CEO (Steven Zwolinski) and Chief
Technology Officer (Thomas Wagner) who have elected to invest bonus payments of
£149,940 in aggregate into GTE stock. These shares will be allotted and admitted 
to trading after release of 2007 preliminary results and will carry a 12 month 
lock-up.

Following the issue, the Company's issued share capital consists of 58,832,594
Ordinary Shares with a nominal value of 0.2 pence each, with voting rights. The
Company does not hold any ordinary shares in Treasury. The above figure of
58,832,594 Ordinary Shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the Financial Service Authority's Disclosure
and Transparency Rules. The new shares in issue exclude the shares to employees.
A further announcement will be made once these shares have been allotted and the
application for admission to AIM has been made.




Enquiries:

Gas Turbine Efficiency plc
Steven Zwolinski, CEO                                   [phone]

Libertas Capital
Aamir Quraishi, Matthew Hindhaugh                       [phone]

Corfin Communications
Neil Thapar, Harry Chathli, Alexis Gore                 [phone]



About GTE

Gas Turbine Efficiency plc, whose shares are traded on London Stock Exchange's
AIM market (Ticker: GTE), designs, manufactures and markets advanced integrated
solutions for environmental, process and asset optimisation of gas turbines
primarily in the aviation, industrial and oil & gas sectors. These solutions
include compressor cleaning systems, performance monitoring, fuels management,
OEM approved combustion design and repair services and fluid and control
sub-systems that improve turbine performance and availability, fuel efficiency
and parts life, resulting in increased profits for its clients and a cleaner
environment. The Group sells its products to blue chip customers worldwide from
operational centres in Europe and the USA.





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