Posting of Circular

20 August 2010

CERAMIC FUEL CELLS LIMITED

("CFCL" or "the Company")

Posting of Circular

Ceramic Fuel Cells Limited, (AIM / ASX: CFU) a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, is pleased to announce that a circular containing details of the overseas offer of a maximum of €2.5 million has been posted today to qualifying participants outside of Australia and New Zealand and certain other territories.

The circular will shortly be made available on the Company's website at www.cfcl.com.au.

Please note that the overseas offer is not available to shareholders in Australia and New Zealand, and the circular is provided for information purposes only.

Separately, the Company today lodged a rights issue Prospectus with the ASX which is open to shareholders in Australia and New Zealand. The Prospectus is also available at www.cfcl.com.au.

The Company has also made available on its website a presentation to UK and European investors.

ENDS

For further information please contact:

Ceramic Fuel Cells Nomura Code Securities (AIM Nomad)

Andrew Neilson Juliet Thompson or Chris Golden

Tel: +61 419 950 771 Tel: +44 (0) 207 776 1200

Email: [email protected] 

Australia Media enquiries: UK / EU Media enquiries:

Richard Allen Sarah MacLeod / Vicky Watkins

Oxygen Financial Public Relations Hogarth

Ph: 03 9915 6341 or 0403 493 049 Ph: +44 (0) 20 7357 9477

About Ceramic Fuel Cells Limited:

Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to provide highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells is developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany. The company has sold BlueGen units to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Japan, Australia and the USA.

Ceramic Fuel Cells is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).

www.cfcl.com.au