Issue of Equity

Issue of Shares

The Board of Directors of Impax Environmental Markets plc announces
that application has been made to the UK Listing Authority for
1,500,000 Ordinary Shares of 10 pence each to be admitted to the
Official List, and to the London Stock Exchange for admission of the
same number of Ordinary Shares to trading on the London Stock
Exchange. The Shares rank pari passu with existing Ordinary Shares in
issue.

Dealings are expected to commence in the new Ordinary Shares on
Wednesday 22nd October 2008.

Following the issue there will be a total of 305,405,220 Ordinary
Shares in issue.


Enquiries


Anthony Lee                                        020 7566 5495
Company Secretary
Cavendish Administration


Dominic Waters                                  020 7523 8473
Collins Stewart

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