Results of Placing

Acta S.p.A.

("Acta" or "the Company")

 Results of Placing

Acta is pleased to announce a successful placing (the "Placing") of 50,843,000 new ordinary shares at a placing price of 4 pence per share ("Placing Shares"), raising GBP 2.03 million before expenses, to finance the working capital requirements of the Company's current commercial expansion.

The fundraising includes the €250,000 investment by Acta's commercial partner Heliocentris Energy Solutions AG, announced on 28 February 2012, alongside an institutional placing which consists of a combination of existing and new institutional investors. The Directors believe that the support of these institutions demonstrates confidence in Acta and the Board's plans for the future development of the business.

The Placing means that Acta now has sufficient capital available to finance the Company as it expands its commercial and production activities over the next year. Acta will use the new financing for further business development and to continue the growth of the Company's commercial activities with existing customers and new commercial partners around the world.

The Placing is not underwritten and is subject to, inter alia, admission of the Placing Shares to trading on AIM. It is expected that dealings in the Placing Shares will commence at 8.00 a.m. on 14 March 2012. Following the admission of the Placing Shares, the issued share capital of the Company will be 98,221,939 ordinary shares.

 Paolo Bert, CEO of Acta, commented

"We are delighted that both our current shareholders and new institutions have supported the Placing, which will provide the financial platform for Acta to continue the development and commercialisation of its market leading range of innovative hydrogen generator products and electrolyser technologies. This new funding will allow Acta to capitalise on the growing level of product orders and application enquiries, and on the various commercial development arrangements recently announced."

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About Acta S.p.A.

Acta S.p.A. is a developer and manufacturer of a range of clean energy products. Its product line includes market-leading compact hydrogen generators (electrolysers) which produce pure, dry and compressed hydrogen in a way that is easy-to-use and completely safe, and the Company is committed to integrating its award-winning electrolysers with renewable energy sources.

Acta's cost-competitive electrolysers are based on its proprietary, inexpensive environmental catalyst and hydrogen conversion technologies. These products help overcome the barriers to the adoption of fuel cells, most notably the lack of a local hydrogen infrastructure. They are also applicable in non-fuel cell hydrogen and oxygen applications, including oxy-hydrogen gas welding systems, where the Company is generating significant commercial interest.

Acta's low-cost hydrogen generators represent a unique breakthrough in electrolyser technology. They can operate using mains power or intermittent renewable energy, and produce clean, dry hydrogen already at pressure for use in fuel cell and other applications. This unique combination of features avoids the system complexity and energy cost of further cleaning, drying and compression of the hydrogen, resulting in a simple, compact, low-cost and highly efficient system that is ideally suited for energy conversion and storage applications. In such applications, which include battery replacement and renewable energy storage, low cost and high efficiency are critical to commercial viability, while hydrogen compression is essential for the energy density of the system. No other water electrolyser currently on the market offers this combination of benefits.

Acta is focusing on delivering its products to markets with high volume demand for high-value environmental solutions (transport, back-up power, energy and leisure). It is accelerating the commercialisation of its products via partnerships with original equipment manufacturers (OEMs), distributors, and agents in these sectors, and intends to drive down production costs at high volume via contract manufacturing.

Acta S.p.A. is based near Pisa, Italy, and was admitted to trading on AIM in October 2005.

www.actagroup.it