Molectra Loan Agreement

RNS Number:3772B
Greenhouse Fund Limited (The)
02 August 2007



For immediate release                                              2 August 2007


                            The Greenhouse Fund Ltd

                        ("Greenhouse" or "the Company")

                     Loan to Molectra for purchase of site


The Directors of Greenhouse (AIM:GHF) are pleased to announce the issue of a
draw down loan of up to AUS$4.5m to Molectra Australia Pty Ltd ("Molectra"), its
58% owned subsidiary.

The loan will allow Molectra to continue its commercialisation plan. The funds
will be used to secure a site for the establishment of the first full-scale
Molectra plant, designed to process c.2.5 million tyres per year or 20,000
tonnes. It is anticipated that this full scale plant will cost c.#6 million to
build and take c.12 months to construct. A site outside Sydney in New South
Wales, Australia, has been identified and final negotiations are now taking
place with the authorities.

The secured loan is for up to AUS$4.5m, bears interest and is repayable by
Molectra within a year, or on demand by Greenhouse.

Greenhouse Vice-Chairman Brian Sheeran commented,

"We are delighted that Molectra are looking to secure a site for the next stage
in the commercialisation of their technology, and look forward to them
commencing the building of the full scale plant. This is a key step in the
overall development process that will allow many other areas to move forward."


For further information please contact:

Paul Gazzard,
Greenhouse Advisor Ltd.
Tel: [phone]
Email: [e-mail]

Charles Ryland/Ben Willey
Buchanan Communications
0207 466 5000
Email: [e-mail]
Email: [e-mail]

Evolution Securities
Fergus Marcroft/ Stuart Andrews
0207 071 4300



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

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