CPO Compact Power

RNS Number:8231Z
Compact Power Holdings PLC
15 March 2006

               Equity investment and international collaboration



Compact Power is pleased to announce that EnviroResources has agreed to invest
#1 million to subscribe for 3,240,106 new ordinary shares in Compact Power,
equivalent to approximately 30.9p per share.  The new shares represent
approximately 10% of the company's current issued share capital and will be
issued under the company's existing cash placing authority. Payment for the
shares will be received in tranches ending on 1st May 2006 when the shares will
be issued. Upon issue of the shares EnviroResources will be entitled to nominate
a non-executive director to the Company's board.

EnviroResources is an international supplier of pollution control solutions and
developer and operator of green energy facilities.

Compact Power has granted exclusive licences to EnviroResources for the
promotion and distribution of the technology in Scandinavia, Hong Kong, and
South Korea. Also distribution rights in other territories ranging from the
Americas, to the Far East, Middle East and Europe.

Nic Cooper the Chairman of Compact Power states:

"This is exactly the sort of collaboration Compact Power needs to realise our
potential throughout the world. With the current concern about both global
warming and energy supply our technology has never been more relevant.
EnviroResources has built up a reputation and has extensive contacts in all the
territories they will operate in and  this will at a stroke give us the presence
in these markets that we need to expand our business."

David Weaver the Chairman of EnviroResources states:

"In these days of ever increasing realisation that man's development is causing
potentially harmful pollution to our world, it is refreshing and encouraging to
see a company like Compact Power emerge with technology that fulfils a critical
need. Not only does it destroy waste and pollution, but it also makes a
contribution to our dwindling energy resources. We at EnviroResources are
committed to making this available to all our markets worldwide. This is a
powerful addition to our business."


Notes

About Compact Power

Compact Power (LSE: CPO) a company listed on The London Stock Exchange (AIM) has
developed an innovative technology based on pyrolysis, gasification and high
temperature oxidation for the safe, economic and environmentally friendly
processing of a wide range of wastes and biomass with energy recovery. The
company operates a commercial plant at Avonmouth, Bristol.

For more information, visit www.compactpower.co.uk

About Enviroresources

EnviroResources incorporated in London UK with its Head Office located adjacent
to Gatwick Airport has its 25000 M2 manufacturing, engineering and design
facility in Sweden, with offices in Hong Kong, USA, Sweden, Korea and Finland.
EnviroResources manufactures oil pollution control material, mechanical handling
equipment, waste recycling equipment, sludge treatment and drying equipment, and
is also a developer of energy from waste projects using a build own operate
philosophy.

Contacts

Compact Power Holdings plc                         EnviroResources Ltd
Richard Hogg - 0117 980 2910                       David Weaver - 01293 50 5196
Nic Cooper - 07973 799 791









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