Compliance with Model Code

Impax Environmental Markets plc (the "Company")

Statement re Compliance with the Model Code

In accordance with Listing Rule 15.5.1(4), the Company announces that
it is satisfied that all insider information which the Directors and
the Company may have to 4 March 2009 has previously been notified to
a regulatory information service and, therefore, the dealings
referred to in LR 15.5.1(3) are permitted.

Enquiries:

Anthony Lee                                         020 7566 5495
Company Secretary
Cavendish Administration Limited

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.