Contract Award

Angle PLC
27 November 2006



For Immediate Release                                           27 November 2006

                                   ANGLE plc

                           ('ANGLE' or 'the Company')

                                 Contract Award

ANGLE is pleased to announce that it has won a contract with the Carbon Trust to
provide commercial expertise to businesses that demonstrate cost-effective,
carbon-reducing solutions.

This contract is a continuation of the successful activity undertaken by ANGLE
for the Carbon Trust over the last two years. During this time ANGLE has worked
with 14 early-stage businesses under the programme delivering business planning
advice and development support. The Carbon Trust pays ANGLE up to £65,000 per
company to provide them with business advice.

CT-ANGLE Incubator companies have enjoyed considerable success to date raising
over £25 million investment whilst in the incubator, including two companies,
CMR Fuel Cells and Oxford Catalysts that have listed on AIM.

It is the intention of both ANGLE and the Carbon Trust to build on the success
of the Incubator programme, delivering greater support to a greater number of
companies. The new contract is for two years with the facility to extend it for
a further year. The Carbon Trust plans considerable marketing activities to
attract a greater number of companies, whilst ANGLE intends to uses its growing
partnership network, such as the recently announced intellectual property
framework with the University of Reading, to source further suitable companies.

Andrew Newland, Chief Executive of ANGLE said:

'The award of this contract recognises the key role that ANGLE can play in
developing the low carbon technology companies of the future. This is a growth
market and we believe our participation in Carbon Trust's programme will yield
substantial business opportunities over and above the contract itself.'

For further information

ANGLE plc                                           [phone]
Andrew Newland, Chief Executive

Buchanan Communications                             [phone]
Richard Darby, Suzanne Brocks, James Strong

Note to editors:

About ANGLE

Founded in 1994, ANGLE is an international venture management and consulting
company focusing on the commercialisation of technology and the development of
technology-based industry. ANGLE creates, develops and advises technology
businesses on its own behalf and for its clients. ANGLE operates from offices in
the UK, the US and the Middle East.

ANGLE is listed on AIM (AGL.L); further information can be found at
www.angleplc.com

About The Carbon Trust

The Carbon Trust works with UK business and the public sector to cut carbon
emissions and develop commercial low carbon technologies. An independent company
set up by Government to help the UK meet its climate change obligations, the
Carbon Trust creates practical business-focused solutions to carbon emission
reduction on energy efficiency, carbon management, and investment.

The Carbon Trust's annual funding is in excess of £105m in grants from the
Department for Environment, Food and Rural Affairs (Defra), the Department of
Trade and Industry(DTI), the Scottish Executive, the Welsh Assembly Government
and Invest NI.

For more information on the Carbon Trust visit www.carbontrust.co.uk or call the
Carbon Trust on 0800 085 2005.






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