Issue of Equity

    RNS Number : 9247Y
  Clean Diesel Technologies, Inc
  11 July 2008
   

    Clean Diesel Technologies, Inc
    Issue of Equity

    Stamford, CT - July 11, 2008 - Clean Diesel Technologies, Inc. (NASDAQ:CDTI & AIM:CDT & XETRA:CDI), the cleantech emissions reduction
company, announced today that it has issued 71,203 common shares pursuant to the exercise of options under the Company's share option scheme
since 22 June 2007.

    Accordingly, application has been made for 71,203 new ordinary shares to be admitted to trading. The new ordinary shares will rank pari
passu with the existing issued shares of the Company and dealings are expected to commence on 17 July 2008.

    Furthermore, on 5 June 2008 Charles Grinnell, Director, acquired 313 common shares in the Company following an exercise of 1,500 options
exercisable at a price of $10.00 per share, paid by surrender of 1,187 common shares. Accordingly, Mr Grinnell's actual interest in the
Company has increased to 6,193 common shares, and his beneficial interest is 49,526 common shares (assuming options exercisable within 60
days hereof), representing 0.6% of the issued ordinary share capital of the Company.

    Following the issue of the new ordinary shares the Company will have a total of 8,139,302 ordinary shares in issue.



    Contacts:
 Crescendo Communications, LLC                 Clean Diesel Technologies, Inc.
 (U.S. investor contact)                                             Ann Ruple
 David K. Waldman or Klea Theoharis                                        CFO
 [phone]                                               [phone]
 [e-mail]                                         [e-mail]

 Innovator Capital Limited                          Charles Stanley Securities
 (Financial press inquiries)                                 Nominated Adviser
 Shaun Brown                                   Philip Davies / Freddy Crossley
 Jade Summer                                             Tel: [phone]
 [phone]
 [e-mail].

 Matter Communications
 (Technical press inquiries)
 Jacqueline Volovich
 [phone] x236
 [e-mail]




This information is provided by RNS
The company news service from the London Stock Exchange
 
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