METROELECTRIC PLC
The company is pleased to announce that it has signed a letter of intent with a German Car Manufacturer to exclusively distribute their EEC approved electric cars in the UK and Eire. Contract formalities are to be finalised in the next 21 days. We expect to have a demonstrator car in the UK shortly and production models available from fourth quarter 2008.
A further announcement will be made in due course.
The Directors of the Company accept responsibility for this announcement.
Enquiries:
Metroelectric Plc
Greg Collier
Tel: 07830 182501
Orange Corporate Finance Ltd
John Bridges
Tel: 0203 301 3356