Board Changes

14 May 2013

Turbo Power Systems Inc.("TPS" or the "Company")

Board Changes

TPS, the innovative electrical machines and electronic systems provider, is pleased to announce the appointment of Mr. José Francisco de Azevedo to the role Non-Executive Chairman of the Board of Directors.

Mr. Azevedo, 57, is an executive director of Vale Soluções em Energia SA. ("VSE"), a Brazilian sustainable energy solutions company and the ultimate controlling shareholder of TAO Sustainable Power Solutions (UK) Limited, which in turn holds 89.4% of the issued share capital of TPS. Mr Azevedo will also be appointed as a director of the Company's subsidiary Turbo Power Systems Limited.

After graduating as an educational psychologist, Mr Azevedo obtained specializations in Human Resources and Business and Strategy at international institutions such as IMD Switzerland and Harvard Business School. His management experience includes being HR General Manager and Integration General Manager for Merger and Acquisitions Projects at Vale SA., one of the largest mining companies in the world.

Mr Paul Newall will be stepping down with immediate effect as a director of TPS and the subsidiary Turbo Power Systems Limited. The Board would like to thank Mr Newall for his significant contribution to the Company over the last year.

Further information

Mr. Azevedo has no beneficial interest in the share capital of the Company. There are no further details in relation to the above appointment which require disclosure under paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information, please contact:

Kreab Gavin Anderson (PR) Tel: +44 (0)20 7074 1800

Robert Speed/ Henry Adefope