GHF Greenhouse

RNS Number:3767B
Greenhouse Fund Limited (The)
02 August 2007




For immediate release                                              2 August 2007


                            The Greenhouse Fund Ltd

                        ("Greenhouse" or "the Company")

                       Molectra wins environmental award


The Directors of Greenhouse (AIM:GHF) are pleased to announce Molectra Australia
Pty Ltd ("Molectra"), its 58% owned subsidiary, has won the 2007 DaimlerChrysler
Australian Environmental Research Award.

The Award is given for research that has made a significant contribution to
resolving environmental problems. The judges explained that Molectra's
technology demonstrated global sustainability by removing used tyre waste from
the environment and creates valuable, useful and environmentally beneficial
products from all components of the tyre, thus extending the lifecycle of the
materials beyond tyres.

Greenhouse Vice-Chairman Brian Sheeran commented,

"We are delighted that Molectra has received yet another award in recognition of
its environmental technology. This is further validation of the sustainable
benefits Molectra brings to the waste tyre issue, and ensures the best possible
start for the commercialisation of the technology as its expansion and scale up
continues."

For full details of the award please see the Greenhouse Fund website or for
further information please contact:


Paul Gazzard,
Greenhouse Advisor Ltd.
Tel: 0207 355 7660
Email: pg@greenhousefund.co.uk

Charles Ryland/Ben Willey
Buchanan Communications
0207 466 5000
Email: charlesr@buchanan.uk.com
Email: benw@buchanan.uk.com

Evolution Securities
Fergus Marcroft/ Stuart Andrews
0207 071 4300


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

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