Contract Win

16 May 2011

Turbo Power Systems Inc.

("Turbo Power Systems" or "TPS")

Contract Win - McQuay

TPS is pleased to announce the receipt of purchase orders from McQuay International, USA (a member of the Daikin Group) to a total value of US$5.4M (£3.3M at US$ 1.63 : £ 1) for the supply of 175 Electrical Machines and Drives.

McQuay International delivers engineered, flexible solutions for commercial, industrial and institutional HVAC requirements.

Deliveries are to commence in the second half of 2011 and be completed in 2012.

For further information, please contact:

Turbo Power Systems Inc. Tel: +44 (0)20 8564 4460

Peter Brown, Chief Executive

FinnCap (NOMAD, broker and financial advisor) Tel: +44 (0)20 7600 1658

Marc Young / Henrik Persson

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

Ken Cronin / Michael Turner