Result of EGM

IMPAX ENVIRONMENTAL MARKETS PLC - RESULT OF EXTRAORDINARY GENERAL
MEETING

Further to  the  announcement  of  20 February  2006,  the  Board  of
Directors announces that, at an Extraordinary General Meeting of  the
Company held earlier  today, shareholder  approval was  given to  the
resolutions granting the directors of the Company authority to  allot
relevant securities and disapplying pre-emption rights in respect  of
any allotment of equity securities made pursuant to that authority.

Application has been  made to  the UK  Listing Authority  and to  the
London Stock Exchange  for the  block listing  of 7,047,390  Ordinary
Shares of 10 pence each in the Company. The Company may issue any  or
all of these shares for cash from time to time subject to  guidelines
produced by the Board and provided always that no such issue will  be
made at prices below the then prevailing net asset value per Ordinary
Share.


Enquiries

Ian Simm/Bruce Jenkyn-Jones            020 7434 1122
Impax Environmental Markets plc


Anthony Lee                                       020 7566 5495
Company Secretary
Cavendish Administration Limited




---END OF MESSAGE---