Samsung Joint Development Agreement

    Embargoed Release: 07:00hrs Monday 2 July 2007

                              CMR Fuel Cells Plc                               

                           (`CMR' or the `Company')                            

                      Samsung Joint Development Agreement                      

CMR Fuel Cells Plc, the Cambridge based compact fuel cell stack specialist, is
pleased to announce that it has entered into a non-exclusive Joint Development
Agreement (`JDA') with Samsung SDI Co. Ltd. (`Samsung') of Korea.

Under the terms of the JDA, Samsung and CMR will collaborate to produce a
Direct Methanol Fuel Cell system demonstrator incorporating CMR's mixed
reactant stack technology. The system will be evaluated as a potential
alternative and replacement for today's conventional battery solutions. CMR has
already delivered the first such stack to Samsung.

John Halfpenny, CEO, CMR, commented:

`We are delighted to be working with Samsung SDI who is a world leader in the
delivery of innovative, leading-edge consumer products. Samsung SDI is in the
vanguard of major OEMs who recognise the potential that fuel cells have to
power the next generation of connected, feature rich, `always on' electronic
devices'.

CMR is targeting the portable electronics industry as the first application for
the fuel cell stack products that it is developing. CMR believes 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.

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Further Information

John Halfpenny            CMR Fuel Cells plc        01223 875 544            
                                                                             
CEO                                                                          
                                                                             
Andrew Tan                Hansard Group             020 7245 1100            
                                                                             
www.hansardgroup.co.uk                                                       
                                                                             
Michael Ansell            Investec Investment       020 7597 5970            
                          Banking                                            
                                                                             

About CMR

CMR Fuel Cells plc is a UK based developer of high-performance compact fuel
cell stacks for the portable consumer electronics industry. The Company is
currently engaged with a number of consumer electronics OEMs and leading fuel
cell system developers and plans to become a leading supplier of small,
low-cost stacks for Direct Methanol Fuel Cell (`DMFC') power supply systems.

DMFC power systems can deliver longer electrical equipment run-times than
conventional battery solutions as well as delivering other superior performance
features such as instant recharge, which are ideally suited for modern feature
rich, `always on, always connected' wireless devices.

In 2006, an estimated 1 billion Li-Ion battery packs were sold world-wide to
power portable consumer electronic devices. This number is expected to rise to
an estimated 1.9 billion in the year 2008. The 2006 Frost and Sullivan report
predicted that sales of consumer portable fuel cells could reach over 38
million units by 2009.

CMR has a broad and growing intellectual property portfolio and experienced and
capable technical, commercial and management teams which, when combined with
its world-class purpose built facilities, strongly positions it at the
forefront of its high-growth target markets.



END