Tonbridge Power Inc.

Tonbridge Power Inc.

January 13, 2006 09:00 ET

Tonbridge Power Inc. Announces Intent to Issue Common Shares for Director Compensation

TORONTO, ONTARIO--(CCNMatthews - Jan. 13, 2006) - Tonbridge Power Inc. (TSX VENTURE:TBZ) ("Tonbridge") listed on the TSX Venture Exchange as TBZ, controlling shareholder of the Montana Alberta Tie Ltd. ("MATL") transmission line project to interconnect the electricity markets of Alberta and the US through a 300 MW transmission line, is pleased to announce that it will issue common shares, (subject to TSX-V regulatory approval), to the directors of Tonbridge as payment for director's fees earned to date.

These fees are earned at the rate of $10,000 annually for each director together with a meeting fee of $1,000 per director. The amount of common shares issued is calculated based upon the end of day trading value on each applicable day of entitlement. As of November 23, 2005 each of Tonbridge's 7 directors has earned the equivalent of $14,000 or 67,361 in common shares. Upon regulatory approval, the total issuance for the period is expected to be 471,527 shares.

Tonbridge is a Toronto-based investor in power projects, whose principle asset is a controlling interest in Montana Alberta Tie Ltd. Shares of Tonbridge became publicly listed on the TSX Venture Exchange on July 7, 2005 and are traded under the symbol "TBZ".

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