Company Information for Novera Energy Limited

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AIM; NVE

Company Statement

Novera was founded in 1998 and has been listed on the London Stock Exchange's AIM market since 2005. The Company has headquarters in London, an Operations Centre in Warrington and regional offices in Cardiff and Edinburgh. Novera currently employs over 150 members of staff.

Novera has established and demonstrable strengths in landfill gas operations and wind development, with a third potential strength in Energy from Waste. It is our intention to continue to grow scale to enable us to compete effectively in the rapidly expanding renewables market. We will build on our established strengths in our home market of the UK. We are also examining possibilities to use our strengths in selected overseas markets.

Operations and Technology

Wind Energy
We have one wind farm in operation and a strong development pipeline which will deliver our target of 250MW of installed capacity from wind power by 2011.

MYNYDD CLOGAU WIND FARM, POWYS, MID-WALES

Capacity 14.5 MW
Commissioned in January 2006
17 turbines (0.85 MW Vestas)
98 per cent availability
5 separate land owners

Water
Hydro power is a well established renewable energy power source, with over 6 per cent of the world's electricity supply generated from hydro stations.

There are a number of different configurations of plants used for hydro production. These include:

Reservoir based facilities involving a body of water being impounded behind a dam and released to generate electricity.
Low head 'run of river' facilities which generate electricity through the diversion of water from the main course to a generator.
High head 'run of river' facilities that generate electricity through the diversion of water from a high drop to a generator.

Novera Energy focuses on small-scale hydro facilities. We have ten schemes ranging from 600 kW to 4.5 MW. Three of these are reservoir based facilities and seven are run of river.

Landfill Gas
Landfill Gas (LFG) provides 29 per cent. of the UK's renewable power. The gas is a mixture of methane and CO2 and is derived from the natural anaerobic breakdown of the biomass material contained in the waste contained within a landfill site. The gas is collected, treated and then used to generate electricity. The electricity is then supplied via the grid to our customers.

Novera is currently number two in the industry with 11 per cent market share. We operate 46 LFG sites across the UK with 85MWe of installed capacity on 22 'closed' (i.e. no further rubbish is added) and 24 'open' sites (those still in operation). The typical life of a site is 20 years after closure. We work closely with the 14 operators and landowners on whose land we operate.

Geographical Spread

England

Wales

Scotland

Board of Directors and Key Management

Roy Franklin OBE	Chairman
David Fitzsimmons	Chief Executive Officer
Michael Cairns	Non-executive Director
Brian Duckworth	Non-executive Director
James Grace	Non-executive Director
Rory Quinlan	Chief Financial Officer

Company Address

Novera Energy Limited
30 Bedford Street
, London, United Kingdom WC2E 9ED


Telephone:	020 7845 9720
Facsimile:	020 7845 9721
Email:	mail[at]noveraenergy.com
Website:	http://www.noveraenergy.com

Capital

Shares On Issue: 124,057,780

Nominated Advisors

Oriel Securities Limited

Major Shareholders

1 Infinis Energy	34,944,283	28.2%
2 Modal	16,239,533	13.1%
3 3i Investments	12,406,392	10.0%
4 Tudor Investments	8,687,518	7.0%
5 Morley Fund Management	8,174,644	6.6%

Most Recent Statement

30/06/08 - Long Term Incentive Plan
02/06/08 - Termination of Discussions
30/05/08 - Takeover Panel Statement re Novera Energy Plc
18/05/08 - Corporate Update
13/05/08 - AGM Results
07/05/08 - Response to Takeover Panel Announcement

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