Mr Pullar, who joined the Board in November 2004, has resigned in order to focus on a
range of personal and other business ventures. “I have appreciated the opportunity to
serve on the Board of Directors and to work with the members of the Executive
Management Team on the commercialization of some very promising and ground
breaking Australian research”, said Mr Pullar.

Dr Adam has been a Director of the Company since its inception in 1992. He has worked
tirelessly to support the Company and to contribute to its technical and commercial
success. “After 13 years, I believe I have reached the point where I have contributed
what I can, and the Company would benefit from the injection of new expertise and new
vision as it proceeds with its commercial expansion”, said Dr Adam. “It has been a
privilege to serve as a Director, and I wish the Company well in the future.”

The Company thanks Mr Pullar and Dr Adam for their contributions as directors.

The Board is taking action to replace Mr Pullar and Dr Adam.

Andrew Neilson
Legal and Commercial Manager (Company Secretary)
Ceramic Fuel Cells Limited

Ceramic Fuel Cells Ltd (CFCL) is a publicly listed company (ASX code CFU) and world leader in development of energy fuel cells using natural gas. CFCL’s fuel cells have potential to meet significant market demand in Europe, UK and Asia for clean, efficient, green and reliable electricity for use on site and sale back into the power grid.

With 100 skilled staff and extensive patented technology, CFCL is pursuing partnerships for manufacture, production and use of its fuel cells in delivering electricity in homes, offices and industry around the world.