RNS Number : 7573N
Ceres Power Holdings plc
02 October 2012

2 October 2012




For immediate release


Not for release, publication or distribution, directly or indirectly, in whole or in part in, into, or from, any jurisdiction where to do the same would constitute a violation of the relevant laws of such jurisdiction.



Ceres Power Holdings plc

("Ceres", "Ceres Power" or "the Company")



Further to the announcement on 11 September 2012 when we indicated our plan to complete funding by end Q3 2012, we announce that the Board continues to work towards raising an initial tranche of funding to continue to meet the Company's planned expenditure and maintain the business as a going concern. The Company will update shareholders in due course on progress in this regard.





Ceres Power Holdings plc                                  Tel. +44 (0)1403 273 463

David Pummell, Chief Executive Officer

Rex Vevers, Finance Director


Investec Bank plc                                              Tel. +44 (0)20 7597 4000

Chris Sim/James Ireland


Kreab Gavin Anderson & Company                    Tel. +44 (0)20 7074 1800

Ken Cronin/Deborah Walter


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