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D1 Oils Plc (NEOS)

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Tuesday 28 June, 2005

D1 Oils Plc

AGM Statement

D1 Oils Plc
28 June 2005



                                  D1 Oils plc

                       Annual General Meeting Statement


28 June 2005

D1 Oils plc ('D1 Oils'), the UK-based global low cost producer of biodiesel,
held its AGM today, Chairman Karl Watkin made the following statement:

'We are operating in an environment which could not be better for D1 oils,
because of international government policy, the Kyoto Protocol, demand from the
global community and because we also deliver on each of the three main threads
of what is expected to be G8 strategy; sustainable fuel, climate change and job
creation in the developing world.

'In the past year we have successfully come to market, raised a further £26m,
while at the same time managing the operational challenges of establishing a
global business. Our brand strength, the talents of the D1 team, our solid
international relationships and the competitive advantage of our business
strategy augurs well for the future of the company'.


Enquires:

D1 Oils plc        Karl Watkin, Chairman                020 7321 3885
                   Philip Wood, CEO

Brunswick          Kevin Byram                          020 7404 5959
                   Helen Barnes
                   Anisha Patel

Notes to editors:

D1 Oils plc is the owner of technical, marketing, logistical and other
intellectual property related to the establishment, development and harvesting
of jatropha plantations, the extraction of oil from the harvested seed and the
production of biodiesel and other valuable by-products from the vegetable oil.



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