Director/PDMR Shareholding

CEPS PLC (the "Company")                            

                              Directors' Dealings                              

The Company received notification on 25 May 2007 that David Horner as part of
the rearrangement of his shareholdings sold on 22 May 2007, 14,535 ordinary
shares at a price of 47.5p and 50,000 warrants at a price of 11.5p from
Chelverton Asset Management Limited to Colinette Holdings Limited. David
Horner's shareholding is set out below:

                       Number of  Percentage of      Number of  Percentage of
                        ordinary       ordinary    warrants in    warrants in
                       shares in      shares in          issue          issue
                           issue          issue                              
                                                                             
DA Horner              1,287,110          15.48        200,000          13.91

Following these transactions, there was no change in David Horner's beneficial
interest in the voting share capital of the Company.

Contact Details:

CEPS PLC

Peter Cook

Non-executive Director

Tel: [phone]

City Financial Associates Limited

Ross Andrews

Director

Tel: [phone]