Ceres Power : Appointment of Joint Broker

4 July 2017

Ceres Power Holdings plc

('Ceres Power' or 'the Company')

Appointment of Joint Broker

Ceres Power Holdings plc (AIM: CWR), a world leading developer of low cost, next generation steel fuel cell technology, is pleased to announce the appointment with immediate effect of Berenberg as Joint Broker to work alongside Zeus Capital,the Company's Nominated Adviser and Joint Broker.

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About Ceres Power

Ceres Power (http://www.cerespower.com/) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented Steel Cell technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use.

Ceres Power offers its partners the opportunity to develop power systems and products using its unique Steel Cell technology and know-how, combined with the opportunity to supply the Steel Cell in volume through its manufacturing partners.