Key Performance Milestone

    Embargoed Release: 07:00hrs Tuesday 6th February 2007

                              CMR Fuel Cells Plc                               

                           (`CMR' or the `Company')                            

                           Key Performance Milestone                           

CMR Fuel Cells Plc, the Cambridge based compact fuel cell stack specialist, is
pleased to announce that its research and development programme has met the key
performance milestone of producing a fuel cell stack consistently delivering a
power density of greater than 500 watts per litre. This tangible and important
step towards producing commercially viable product based on CMR's patented
technology was achieved on time and in accordance with the targets outlined in
the Company's AIM admission document. Furthermore, the Board views this
significant increase in power density as a positive indication that CMR's
technology is capable of delivering the high performance fuel cell stacks
necessary for commercial use within the portable electronics industry.

As noted in the Company's admission document on 16 December 2005, the
achievement of a power density of greater than 500 watts per litre is a key
step towards delivering the very high volumetric power densities that CMR's
patented mixed-reactant architecture is expected to deliver.

CMR's engineering team has successfully developed a mixed-reactant fuel cell
stack which demonstrates power density in excess of 500 watts per litre with a
sub millimetre cell repeat distance, using a non-platinum methanol-tolerant
cathode catalyst. Individual cell performance in the fuel cell stack is also in
line with the parameters set out in the admission document, with a cell power
density of greater than 25mW/cm2 and a cell pitch of 0.5mm.

Michael Priestnall, Chief Technology Officer, commented:

"Achieving the 500 watts per litre performance target is a major achievement
and clearly shows that CMR's technical team can meet challenging milestones
within budget and according to plan. Delivering these very high power densities
gives potential consumer electronics customers further confidence that portable
power systems powered by CMR technology will outperform lithium battery
technologies."

The Company expects that there will be additional technical issues to solve on
the path to commercial production but believes the progress made in building
its technical infrastructure in 2006 leaves it far better positioned to face
these challenges as they occur.

CMR is targeting the portable electronics industry as the first application for
the commercialisation of its platform architecture as it is believed that this
market offers significant revenue opportunities resulting from the strong and
pressing commercial need for extended run-times for portable consumer products
and the sector's history of consistently and rapidly adopting new technologies
to meet consumer demand.

Furthermore, following the progress achieved in building up the Company's
technical infrastructure during 2006, the Board believes that CMR is in a far
better position to realise its commercial objectives.

                                    -Ends-                                     

Further Information:

John Halfpenny             CMR Fuel Cells plc         01223 875 544            
                                                                               
CEO                                                                            
                                                                               
Andrew Tan                 Hansard Group              020 7245 1100            
                                                                               
www.hansardgroup.co.uk                                                         

About CMR Fuel Cells plc:

CMR Fuel Cells plc is a UK developer of fuel cell stacks for portable and small
stationary power generation applications. CMR has developed a new and radical
approach to fuel cell design which has the potential to significantly
accelerate the commercial penetration of fuel cells in a comprehensive range of
power generation and power supply applications. This patented and unique
enabling technology represents a fundamentally different way of designing and
building a fuel cell which is expected to yield significant benefits in terms
of costs and space savings. Two high level patents encompass the main
fundamentals of the company's intellectual property, which have already been
granted in Australia and China (in March 2006) and are progressing in the other
key international jurisdictions. The company will initially address the rapidly
developing DMFC (Direct Methanol Fuel Cell) arena with its technology, but
eventually it is thought that their fuel cell technology and design
architecture could be equally applicable to other fuel cell chemistries such as
PEM (Proton Exchange Membrane), SOFC (Solid Oxide Fuel Cell) and AFC (Alkali
Fuel Cell).



END