Holding in Company- Amendment

Ceres Power Holdings plc 25 July 2007 25 July 2007 Ceres Power Holdings plc ('Ceres' or the 'Company') Symbol: CWR NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of Issuer Ceres Power Holdings plc 2. Reason for notification Correction to previous announcement 3. Full name of person(s) subject to the notification obligation Allianz SE 4. Full name of the shareholder(s) (if different from 3 above) Allianz Global Investors Global Equity Business Unit 5. Date of the Transaction - 6. Date on which issuer notified 20 July 2007 7. Threshold(s) that is /are crossed or reached Less 3% 8. Notified Details (A) Voting Rights Attached to shares Number of Voting Rights (Direct) % of Voting Rights (Direct) Number of Voting Rights (Indirect) % of Voting Rights (Indirect) (B) Financial Instruments - Total (A)+(B) Total number of Voting Rights Total % of Voting Rights - Less than 3% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held - Allianz Global Investors Global Equity Business Unit is a wholly owned subsidiary of Allianz SE Proxy Voting 10. Name of Proxy holder - 11. Number of voting rights proxy holder will cease to hold - 12. Date on which proxy holder will cease to hold voting rights - 13. Any additional information This announcement corrects and replaces the announcement made on 16 July 2007 which incorrectly notified the Company of a significant shareholding. 14. Name of contact and telephone number for queries Andrew Stevens, 020 7475 5472 15. Name and signature of authorised company official responsible for making this notification Rex Vevers, Finance Director, 01293 400404 This information is provided by RNS The company news service from the London Stock Exchange