KPR KP Renewables

RNS Number:2861H
KP Renewables PLC
08 November 2007


                  KP Renewables plc ("KPR" or the "Company")

                       Payment of Creditors under CVA

The Directors of KPR, announce that the Supervisor of KPR's Company Voluntary 
Agreement ("CVA") has now reached agreement with all Company creditors who have 
proved in the CVA.

Pursuant to the CVA, the Company has approved the payment of monies owing to the 
creditors, being #23,603.08, and the allotment of 832,127 new ordinary shares 
of 1p par value in the Company (the "New Shares").  The New Shares will rank 
pari passu with the existing ordinary share capital of the Company.

Application has been made for the New Shares to be admitted to trading on AIM 
on or around 14 November 2007.

Following admission, the total issued share capital of the Company will be 
increased to 84,661,610 ordinary shares.


For further information contact:

KP Renewables plc:
Richard Armstrong, Director                  0207 448 4700

Libertas Capital:
Jakob Kinde/Stephen Pickup                   0207 569 9650




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

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