Press release

13th August 2009

MEMORANDUM OF UNDERSTANDING

Aleltho have entered into a MoU with ITI Energy.

Aleltho is pleased to announce the signing of a Memorandum of Understanding with ITI Energy. ITI Energy are manufacturers of an efficient patented advanced gasification process, which is designed to take waste feedstock for the generation of a synthetic gas which can be used to power a combustion engine.

The MoU has been entered into to enable the parties to conduct exclusive negotiations for the development and construction of a 6.7MgW gasification facility in the North East of England and for the future roll out of opportunities using the advanced ITI gasification process.