Preliminary Design Agreement

ITM Power PLC
20 November 2007


For release at 07.00am                                          20 November 2007
                                                                            

                                 ITM Power plc
                            ('ITM' or 'the Company')


                          Preliminary Design Agreement

ITM Power plc (AIM:ITM), the technology and research company focused on the
commercialisation of the hydrogen economy, is pleased to announce that it has
signed an agreement with Boeing Research & Technology Europe S.L. to prepare a
Preliminary Design of an Environmentally Friendly Refuelling Station for Fuel
Cell Powered Unmanned Air Vehicles.


Jim Heathcote, CEO ITM Power, said:


'We are pleased to be working with Boeing and believe this is an interesting
agreement for both parties. At the moment, this does not imply a commercial
tie-up, does not guarantee any on-going commercial relationship and is a small
financial transaction, but it does represent early stage commercial revenues for
ITM.'


For further information please contact:

ITM Power plc                                                      01799 542 222
Jim Heathcote, Chief Executive Officer

Panmure Gordon & Co.                                               020 7459 3600
Katherine Roe

Buchanan Communications                                            020 7466 5000
Ben Willey
Richard Darby
Ben Romney


Notes to the Editors:


ITM Power is a developer of low-cost hydrogen technologies. The Company has
developed new materials and processes that dramatically reduce the cost of fuel
cells and electrolysers. The patented membrane materials used in the devices
have higher performance and are 1% of the cost of the industry standard
materials.


Electrolysers work by converting water and electricity into hydrogen and oxygen.
The hydrogen produced can be used as a replacement for fossil fuels and
facilitate zero carbon housing and pollution free motoring.


ITM Power was founded in 2000 and floated on the London Stock Exchange's AIM in
June 2004.



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