Carbon Trust Grant Award

Oxford Catalysts Group PLC
04 September 2006

4th September 2006

                             OXFORD CATALYSTS GROUP PLC
                        ('Oxford Catalysts' or 'the Company')

                            Carbon Trust Grant Award


Oxford Catalysts Group PLC, the leading catalyst innovator for clean fuels, is
pleased to announce that it has been awarded c. £118,000 from the Carbon Trust
to help finance a two year project to develop reforming catalysts for fuel
cells. This award is part of a £150,000 joint grant to both the Company and a
leading UK-based Solid Oxide Fuel Cell ('SOFC') company, that was initially
awarded in March 2006, subject to contract which has now been agreed.



The work programme will focus on the development of two catalysts for the
reforming of Liquid Petroleum Gas ('LPG') and natural gas, based on the
Company's patented metal-carbide catalyst platform. The project will also
involve the optimisation of the new catalysts, as well as the development of a
process for their deposition directly onto an appropriate surface.



Reforming is an important process for the operation of fuel cells that use
conventional hydrocarbon fuels. Oxford Catalysts believes that its patented
metal carbide catalysts will offer improved reforming performance at a lower
cost, and that the new deposition process could facilitate more efficient
catalyst performance and more effective heat transfer in the catalyst active
area, thereby enhancing the overall efficiency of the fuel cell system.



The other partner in the Carbon Trust project (a leading UK-based SOFC company)
will utilise its experience in fuel cell systems using LPG and natural gas to
define the specifications for the new catalysts and to test their performance.

Roy Lipski, Chief Executive of Oxford Catalysts, said:



'The commencement of this project is a key milestone for us in the development
of our technology for use in the production of clean fuels, generally, and in
particular for fuel cells. We are grateful to the Carbon Trust for this grant,
which recognises the significance of our technology, and we are pleased to be
working on this exciting project with one of the leading SOFC companies.'



Garry Staunton, Head of Low Carbon Research at the Carbon Trust, added:



'We are delighted to be providing grant support to this Oxford Catalysts-led
project. We believe that the application of Oxford Catalysts' leading-edge
catalyst formulations to fuel cell technology has produced a potentially
ground-breaking project which could lead to substantial greenhouse gas emission
savings.



Grants are a key part of the Carbon Trust's work in encouraging the transition
to a low carbon economy. Our aim is to support the best emerging thinking in the
energy world, and bring the worlds of science and business closer together by
converting theory into potential profit.'



                                    - Ends -


For further information, please contact:

Roy Lipski, Oxford Catalysts                               07958 970 855
Jonathon Brill / Billy Clegg, Financial Dynamics           020 7831 3113
Megan MacIntyre, KBC Peel Hunt                             020 7418 8900



Notes to Editors

Oxford Catalysts Group plc, the leading catalyst innovator for clean fuels,
designs and develops specialty catalysts for the generation of clean fuels from
both conventional fossil fuels and certain renewable sources such as biomass.
Its patent-pending technology is the result of 19 years of research at the
University of Oxford's prestigious Wolfson Catalysis Centre, headed by Professor
Malcolm Green, one of the world's most respected inorganic chemists. Oxford
Catalysts was founded by Professor Green and Dr Xiao in October 2004 and was
admitted to trading on the AIM market of the London Stock Exchange on 26th April
2006, having raised £15m before expenses from a solid base of institutional
investors.



Oxford Catalysts' strategy is to license its catalysts for commercial
application by entering into co-development partnerships with leading
manufacturers, producers and suppliers in the petroleum, petrochemicals, fuel
cells, biogas, steam applications and catalysis markets.



Oxford Catalysts has two key platform technologies. The first is for a novel
class of catalysts made from metal carbides which, for certain reactions, can
match or exceed the benefits of traditional precious metal catalysts at a lower
cost. Applications of these metal-carbide catalysts include the removal of
sulphur from crude oil fractions (known as hydro-desulphurisation or HDS), the
conversion of natural gas or coal into virtually sulphur-free liquid fuels via
the Fischer-Tropsch reaction (known as the GTL and CTL processes respectively),
and the transformation of biogas (waste methane) into syngas - the building 
block of liquid fuels.



The second platform relates to chemical reactions involving a liquid fuel
containing an alcohol (such as methanol), hydrogen peroxide and water. The
company's novel catalyst can be used to release hydrogen gas from this liquid
fuel, instantaneously starting from room temperature. This groundbreaking
hydrogen-on-demand technology has the potential to significantly accelerate the
commercial adoption of fuel cells in the portable and other mobile markets, by
providing the much needed source of cheap, safe transportable hydrogen.



Another of the company's catalysts can be used to produce superheated steam
(800c+) from the above fuel, instantaneously starting from room temperature.
Such portable high-temperature steam could have important applications in a
broad range of markets, from cleaning and disinfecting, to motive power and
electricity generation.



www.oxfordcatalysts.com


About the Carbon Trust


The Carbon Trust works with UK business and the public sector to cut carbon
emissions and develop commercial low carbon technologies. An independent company
set up by Government to help the UK meet its climate change obligations, the
Carbon Trust creates practical business-focused solutions to carbon emission
reduction on energy efficiency, carbon management, and investment.



The Carbon Trust's Applied Research Programme provides grant support for the
development and commercialisation of technology with the potential to reduce UK
carbon dioxide emissions. Over the past four years the Carbon Trust has invested
in excess of £13 million in projects that have demonstrated their potential to
facilitate the progress of low carbon technologies towards large scale
deployment.



The Carbon Trust's annual funding is in excess of £105m in grants from the
Department for Environment, Food and Rural Affairs (Defra), the Department of
Trade and Industry (DTI), the Scottish Executive, the Welsh Assembly Government
and Invest NI.





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