News

First Project Registered in Mexico

Dublin, Ireland – 06 December 2005

AgCert International plc (LSE: AGC) “AgCert”, a leader in the production and sale of agriculturally derived greenhouse gas emission reductions, today announces that one of its projects in Mexico, comprising 23 farms, has achieved the first Mexican registration by the United Nations appointed Executive Board of the Clean Development Mechanism (CDM).

Registration, which lasts for ten years in this case, is the formal acceptance by the Executive Board of a validated project as a CDM project activity under the Kyoto Protocol and is the prerequisite for the subsequent verification, certification and issuance of Certified Emission Reductions (CERs).

Det Norske Veritas Certification Ltd. will now undertake the verification of the emission reductions achieved by this AgCert project, following which AgCert will submit a request to the CDM Executive Board to certify and issue CERs. There can be no certainty about the timing of these next stages but, subject to verification, CERs from this first Mexican project could be issued within the first quarter of 2006.

AgCert’s emission reductions are generated by climate-friendly, sustainable development projects in developing countries, such as Mexico and Brazil. AgCert captures and combusts Biogas containing greenhouse gases, principally methane, emitted from animal waste management systems, primarily from swine.

Miguel Angel Cervantes, Mexican Designate National Authority (DNA), who was reached at the annual United Nations Climate Change Conference (COP/MOP) in Montreal, stated:

“I am happy to see the first Mexican CDM project registered and I am excited that there are many more projects of this type in the pipeline.”

Bill Haskell, CEO, AgCert International said

“We are delighted to be the first company to have a CDM project registered in Mexico and we will now be moving towards certification as soon as possible. In addition, we have a number of other projects going through the CDM regulatory approval process across Brazil and Mexico, and we look forward to providing updates on the progress of these over the coming weeks and months.”

For further information:

AgCert International
Bill Haskell, CEO	Tel: +1 321 409 7801
Paul D'Alton, CFO	Tel: +353 1 245 7400
Todd Jones	Tel: +1 321 409 7820

AgCert media inquiries:

Maitland
Liz Morley / Brian Hudspith	+ 44 (0) 20 7379 5151

About AgCert

AgCert International plc is listed on the London Stock Exchange. The Group was founded in 2002 to produce and sell reductions in greenhouse gas emissions (referred to as "Offsets") from agricultural sources on an industrial scale. These Offsets are intended to satisfy the requirements of the Kyoto Protocol and be capable of being traded on the newly established European cap and trade system, the European Union Emissions Trading Scheme ("EU-ETS").

AgCert has identified agriculture as one of the largest commercial opportunities for Offset production and expects to be a leading supplier of Offsets from this sector. Agriculture is responsible for around 20 per cent of the world's annual greenhouse gas emissions. Under the Kyoto Protocol, any reductions in greenhouse gas emissions derived from this sector qualify as CERs provided they are derived from projects that have been validated by a DOE and Registered by the UN Executive Board and are properly verified and certified according to the stringent requirements laid down by the UN. AgCert's proprietary systems and processes include one of only two UN approved large scale methodologies for the production of Offsets in the agricultural sector. This has given the Group early strategic advantages in capitalising upon the rapidly evolving carbon based emission trading markets.

The Group's strategy is to expand rapidly its Offset production and resultant sales capacity by commencing the modification of AWMS on farms where it has already entered into arrangements with farmers and by rolling out its turnkey AWMS modification methods both geographically and across additional livestock species beyond its current focus on swine through the entry into contracts with additional farms.