Resignation of Nominated Adviser

26 April 2013

Resignation of Nominated Adviser

Ceramic Fuel Cells Limited (AIM / ASX: CFU) (the "Company"), a leading developer of generators which use fuel cell technology to convert natural gas into electricity and heat for homes and other buildings, announces that Nomura Code Securities Limited has resigned as the Company's nominated adviser with immediate effect.

The Company expects to appoint a replacement nominated adviser shortly and a further announcement will be made in due course.

Enquiries:

For more information please contact:

Ceramic Fuel Cells Limited

Bob Kennett (UK)

Tel: +44 (0)7764-200-661

Email: [email protected]

Australian media enquiries

Richard Allen

Tel: +61 (0) 3 9915 6341

Oxygen Financial Public Relations

Email: [email protected]

UK media enquiries

David Stürken

Tel: +44 (0) 207 379 5151

Email: [email protected]