SOURCE: Trading Emissions PLC

March 20, 2006 02:03 ET

Trading Emissions PLC announces Trading Update

UK -- (MARKET WIRE) -- March 20, 2006 --

RNS Announcement

For immediate release

17 March 2006

                         TRADING EMISSIONS PLC

Further to the Interim Statement dated 27 February 2006, Trading Emissions Plc announces that Category C (completed transactions) tonnage is now 19.7 million.

The Board continues to believe that Trading Emissions Plc will be fully invested within 12 months of listing.

EEA has three categories of project transactions for ERU/CER purchases from JI/CDM projects:

Category a       Projects for which we have already bid or expect to bid.
Category b       Projects where we have signed a Memorandum Of
                 Understanding / heads of terms or are in exclusive
Category c       Completed transactions where we have a legally binding

At the time of announcing interim results for the period from 15 March 2005 (date of incorporation) to 31 December 2005, the tonnage figures were as follows:

Category a       In excess of 27 million tonnes from over 12 projects
Category b       In excess of 30 million tonnes from over 8 projects
Category c       8.3 million tonnes



Simon Shaw, Investment Advisor, EEA Fund Management Ltd  0207 553 2362

Peter Rigby, Haggie Financial                            0207 417 8989

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