Expiry of Warrants

20 April 2010

                                   CEPS PLC                                    

                           ("CEPS" or the "Company")                           

                              Expiry of Warrants                               

CEPS announces that the unexercised warrants to subscribe at 62.5p for ordinary
shares in the Company, which are currently traded on AIM under the ticker
CEPW.L, (the "Warrants") will expire at close of business today. As at the time
of this announcement, 1,437,287 Warrants remained unexercised. Trading on AIM
in the Warrants will also cease as of close of business tonight.

For further information please contact:-

David Horner         CEPS PLC                                    01225 483 030
                                                                              
Antony Legge         Astaire Securities plc (Nominated           020 7448 4400
                     Adviser)