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Renewable Power & Light plc

(the 'Company')

Results of the General Meeting and Proxy Voting Figures

The Company announces that at the General Meeting held today, 19 August 2009, all of the resolutions proposed at the meeting were passed on a show of hands.

Prior to the General Meeting, the Company received from the shareholders 17 valid proxy cards in respect of 34,882,806 shares, representing 39.3% of the Company's issued share capital.  The proxy voting levels were as following: 

	Resolution	For	Discretionary	Against	Withheld
1	Approval of Plant Disposal	34,857,806	25,000	None	None
2	Approval of Biodiesel Facility Disposal	34,857,806	25,000	None	None
3	Approval of Investing Policy	34,857,806	25,000	None	None
4	Approval of Plant Disposal for purposes of Rule 21.1	34,857,806	25,000	None	None
5	Approval of Biodiesel Facility Disposal for purposes of Rule 21.1	34,857,806	25,000	None	None

In relation to the Plant Disposal, a number of other conditions remain to be satisfied. It is anticipated that these conditions will be satisfied and closing is anticipated to occur, by the end of August 2009 (in the case of Elmwood) and by the end of September 2009 (in the case of Massena).

 

 

For further information, please contact:

Renewable Power & Light plc           Telephone: +1 952 746 0393

Tim Hunstad

Grant Thornton Corporate Finance    Telephone: +44 207 383 5100

Gerry Beaney

 

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of RPL, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30pm (London time) on the London business day following the date of the relevant transaction.

This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' of RPL, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rules 8.1 of the Code, all 'dealings' in 'relevant securities' of RPL by a potential offeror, or RPL, or by any of their respective 'associates', must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk.

'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a 'dealing' under Rule 8, you should consult the Panel.

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