Kedco GROUP WELCOMES EU COMMISSIONS DRAFT CLIAMNTE CHANGE PROPOSAL

January 24th,2008

Kedco Group welcomes the proposals outlined in the EU's draft climate change proposal unveiled on January 23rd 2008 in Brussels.The directive reiterates the EU Commissions the serious issue of the fight against climate change.The proposal enables Kedco to continue with its aggressive plans of providing bio scientific - technologies to the residential and industrial market.The draft proposal will result in the creation of a vast number of jobs within the Group and similar companies involved in renewable energy..

Commenting on yesterday's announcement, Donal Buckley, Chief Executive Officer of Kedco Group, said; “This proposal is an exciting opportunity for Ireland to become the green hub of Europe.The Irish government has shown its commitment to the renewable energy sector in the past and Kedco looks forward to working with the government in the future to deliver Ireland on target”.