Trading Statement

Camco International Ltd
20 April 2007



                                 Trading Update

       Camco adds 14.2 million carbon credits to its contracted portfolio


Camco is a world leader in the origination, co-development, management and
placement of carbon credits in both regulated and voluntary markets. Camco
recently announced the planned acquisition of ESD, which will create a world
leading fully integrated climate change business.

Camco is pleased to provide a brief trading update of the progress the carbon
asset development business has made in the execution of its existing portfolio
of greenhouse gas emission reduction projects and in acquiring new projects.

Volume:

- Increase in contracted tonnes to 118.8m from new projects totalling 14.2m
tonnes

Operations:

- Camco now has 21.8m tonnes registered with the United Nations Framework
Convention on Climate Change (UNFCCC) or equivalent. This is a significant
increase since year end (2.8m)

- In addition, host country approvals (or equivalent) have been received for
projects representing a total of 67.9m tonnes

Value:

- Increase to 37m tonnes under Emission Reduction Purchase Agreement (ERPA)

- Camco now holds rights to 26m carbon credits 'in specie'

New management hire:

Camco is pleased to announce that Alan Ho, former Vice-President at Lafarge
Cement China has joined Camco as Managing Director of the China business. Alan
brings with him a wealth of knowledge in the Chinese industrial sector and
excellent networks both in industry and in government.


Jeff Kenna, CEO of Camco, commenting upon the Company's progress said:

'I am very pleased to announce that Camco has added 14.2m tonnes to our
contracted project portfolio. The portfolio has now grown 15.4% since year end
(102.9m) and is in line with our expectations.

Since our last update, the addition of Alan Ho to our China team has further
strengthened our operational capacity in that market. Alan brings highly
relevant industrial experience to the management team.

The carbon market continues to evolve and we are well placed to take advantage
of market developments in the United States, Canada and Australia. We feel these
developments are likely to result in an increase in demand for carbon credits in
the longer term, and a regulatory framework post 2012.'


For further information please contact:

Camco International Limited [phone]
Jeff Kenna, Chief Executive Officer
Scott McGregor, Chief Financial Officer

Press

Gavin Anderson [phone]
Ken Cronin/Kate Hill/Janine Brewis

Nominated Advisor

KBC Peel Hunt Ltd [phone]
Jonathan Marren/David Anderson


About Camco (www.camco-international.com)

Camco works with companies in the developing world to identify and develop
greenhouse gas emission reduction projects, managing the entire process from
project initiation to the delivery of carbon credits for sale in the
international market. Camco is a market leader in China and Russia - two of the
largest potential markets for Carbon Credits - as well as in Eastern Europe and
Africa.

Camco has one of the largest carbon credit portfolios in the world, consisting
of 70 projects under exclusive contract with the potential to deliver over 118.8
million carbon credits through to 2012. Camco was voted 'Best Project Developer'
in a survey of carbon industry participants undertaken by Point Carbon.


About ESD (www.esd.co.uk)

ESD was established in 1989 and since then has helped to define policies and
implement projects in the mitigation of climate change. It provides advisory and
consulting services, working with Government's, NGO's and private sector
enterprises. ESD also undertakes project development work, both for its own
account and in joint ventures. ESD has a staff of over 120 people working in 8
offices across the UK, Eastern Europe and Africa. In 2006, ESD was voted one of
the Financial Times top 50 'Great Places to Work'. Greenergy International Ltd
is a minority shareholder in ESD Ltd.

ESD Ventures (ESDV) works in partnership to develop carbon reduction businesses
and projects in the UK, China and Africa. ESDV works at its own risk and takes
success fees and equity stakes in the client business. The current ESDV
portfolio includes wind farm development, biomass project development and land
use projects all of which may generate carbon credits.




                      This information is provided by RNS
            The company news service from the London Stock Exchange