30 November 2017

This announcement contains inside information

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Director's Dealing and Total Voting Rights

Ceres Power Holdings plc (AIM: CWR) announces that on 29 November 2017, Mike Lloyd, Non-Executive Director, exercised options in relation to 920,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a weighted average exercise price of 2.64p per share. Mr Lloyd retained all the Ordinary Shares acquired and as a result has increased his shareholding to 2,250,597 Ordinary Shares, representing approximately 0.22 per cent of the issued ordinary share capital of the Company. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Ceres Power Holdings plc (AIM: CWR) confirms that as at 29 November 2017, the Company had 1,014,849,929 ordinary shares of 1 pence each ("Ordinary Shares") in issue, with one voting right each. The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights is therefore 1,014,849,929.

Accordingly, these figures may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company, under the Disclosure and Transparency Rules.

Notes to Editors:

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.