Additional Listing

22 March 2007

                                 ITM Power Plc                                 

                           ("ITM" or "the Company")                            

                              Exercise of Options                              

ITM Power Plc announces that 29,250 new ordinary shares of 5 pence each in the
capital of the Company have been issued and allotted following the exercise of
options on 14th March 2007 under the Company's employee share option scheme.

Application has been made for the admission of 29,250 ordinary shares to
trading on AIM. The shares will rank pari passu with existing ordinary shares
and it is expected that admission will occur on 23rd March 2007.

Following admission of the new shares, the total issued share capital of the
Company will be 101,258,735 ordinary shares.

Ends

For further information please contact:

Marcus Scott
ITM Power Plc
Tel: [phone]

Gemma Chandler
ITM Power Plc
Tel: [phone]
Mobile: [phone]


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