Director/PDMR Shareholding - Amendment

THE FOLLOWING ANNOUNCEMENT REPLACES THE ANNOUNCEMENT RELEASED AT 11:19 ON 24 APRIL 2007. POINTS 15 AND 16 STATED MR HARGREAVES' TOTAL HOLDINGS AS 5,675,810 (5.57%) - THIS WAS INCORRECT AND SHOULD HAVE READ 6,119,810 AND 6.00% RESPECTIVELY. ALL OTHER DETAILS REMAIN UNCHANGED, AND THE FULL AMENDED TEXT IS SHOWN BELOW: NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1. Name of company ITM POWER PLC 2. Name of director PETER HARGREAVES 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest 2 ABOVE 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified) HARGREAVES LANSDOWN NOMINEES 5. Please state whether notification relates to a person(s) connected with the director named in 2 above and identify the connected person(s) N/A 6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary MARKET PURCHASE 7. Number of shares / amount of stock acquired 280,000 8. Percentage of issued class 0.27% 9. Number of shares/amount of stock disposed N/A 10. Percentage of issued class N/A 11. Class of security ORDINARY SHARES OF 5 PENCE EACH 12. Price per share 120 PENCE 13. Date of transaction BETWEEN 17 AND 23 APRIL 2007 14. Date company informed 23/04/2007 15. Total holding following this notification 6,119,810 16. Total percentage holding of issued class following this notification 6.00% 17. Any additional information N/A 18. Name of contact and telephone number for queries GEMMA CHANDLER / MARCUS SCOTT - 01799 542 222 19. Name and signature of authorised company official responsible for making this notification MARCUS SCOTT, CFO Date of Notification 24/04/2007