Issue of Equity , Correction of Previous Announ...

KleenAir Systems International plc ("KleenAir" or "the Company") Issue of Equity, Correction to Previous Announcement & Director's Shareholding The Company allotted 370,000 Ordinary 1p shares on 5 December 2007 and 145,437 Ordinary 1p shares on 28 January 2008, both as a result of subscriptions for cash at 15p per shares. The Company received a total £77,315.55. None of the subscribers was or is a director, related party or significant shareholder (as defined by the AIM Rules). An application will be made to admit the shares for trading on AIM on 12 March 2008. The Company announced on 20 February 2008 that it had issued 7,094,400 new Ordinary 1p shares through a placing, 6,349,206 of the new shares having been placed unconditionally, and the remaining 745,194 having been placed conditionally on the shareholders of KleenAir authorising an increase in the authorised share capital of the Company at an EGM on 12 March 2008. The number of shares issued unconditionally should have been stated as 6,084,563 and the number of shares issued conditionally as 1,009,837. The new Ordinary shares issued through the placing include 63,500 to Mr Anthony Rentoul, a director of KleenAir. This brings Mr Rentoul's holding to 483,500 Ordinary shares, equivalent to 1.79% of the issued share capital. 6 March 2008 For further information please contact: Peter Newell 07786 333 046 KleenAir Systems International plc Nick Harriss 020 7512 0191 Blomfield Corporate Finance Ltd Additional Information Information regarding the Company KleenAir is a global provider of customised, cost-effective emissions reduction solutions for diesel vehicles. By significantly reducing the harmful level of vehicle pollutants, KleenAir's innovative environmental management technology is helping to create a greener, safer and healthier world.
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