Trading Emissions - Trading Statement

RNS Number:7485L
Trading Emissions PLC
15 January 2008

For immediate release
15 January 2008

Trading Emissions PLC
Trading Statement

Trading Emissions PLC, ("TEP" or "the Company"), a closed end investment company
that specialises in renewable energy projects and emissions instruments such as
carbon credits, is pleased to make the following trading statement on the
development of its portfolio to date.

This announcement updates investors on the progress made in the development of
its carbon credit portfolio since its final results announced on 18th October
2007.

Risk adjusted, (rounded to nearest 1000), portfolio:
15.1.08
Category B (exclusivity) 5,545,000
Category C (contracted) 50,947,000
Delivered* 1,943,000

*Delivered comprises credits issued or in the issuance process (where projects
are in varying stages of delivering CERs, from verification through to the
physical issuance into TEP's account).

Contracted and delivered volumes of credits on a risk adjusted basis now
comprise 52,890,000 as at 15th January 2008 compared with 51,531,000 as at 18th
October 2007 and 42,719,000 as at 30th June 2007.

Comparative Table (Risk adjusted):
30.6.07 18.10.07 15.1.08
Category B 18,249,000 9,031,000 5,545,000
Category C 42,079,000 50,294,000 50,947,000
Delivered 640,000 1,237,000 1,943,000
Contracted + Delivered 42,719,000 51,531,000 52,890,000
Total 60,968,000 60,562,000 58,436,000
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The key development for the period has been steady progress in the maturity of
the portfolio.

The Company now has 1,943,000 credits issued or in issuance and on a risk
adjusted basis: 16,461,000 credits expected from registered projects, and a
further 9,368,000 expected from validated projects in the registration queue.

15.1.08
Issued 1,394,000
In the issuance process 549,000
Registered 16,461,000
In the registration process 9,368,000

The advisers will continue to concentrate on the development of good quality
projects and to focus on progressing them through the validation, registration
and verification processes.

The Board looks forward to further updating investors at the interim results.
The interim statement will include an (un-audited) valuation based on the same
methodology used in the statement of results for the year ended 30 June 2007.

--ENDS--

For further information:

EEA Fund Management Limited +44 (0)20 7553 2361
Simon Shaw, Investment Advisor to TEP

Haggie Financial +44 (0)20 7417 8989
Peter Rigby/Alexandra Parry

Notes

Trading Emissions PLC's main investment objective is to make capital profits
from purchasing emissions assets at appropriate prices. The core part of its
portfolio is a long position in carbon assets, although some trading does take
place. The Company also invests in other selected emissions assets. In addition,
the Company generates income from the provision of finance for selected
programmes such as aggregation, monetisation, collateralisation and other
innovative approaches to carbon trading markets.

www.tradingemissionsplc.com

This information is provided by RNS
The company news service from the London Stock Exchange

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