Clean Energy Brazil PLC
31 January 2007






                            Clean Energy Brazil Plc

                               Holding in Company



Clean Energy Brazil PLC ("the Company"), announces that it has been informed
that The Independent Investment Trust Plc holds 4,000,000 ordinary shares
representing 4.00% of the voting rights of the Company.

                                    --ENDS--


Further information, please contact:

Cynthia Edwards                                 Tel: +44 (0) 1624 681381
IOMA Fund & Investment Management Ltd






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