2010-06-23

Plasco to Sign Major Agreement During China State Visit

June 23, 2010, OTTAWA – China Energy Conservation and Environmental Protection Group (CECEP) and
Plasco Energy Group have announced that they will be signing an agreement to establish a Joint Venture
corporation, CECEP-Plasco China Corp, tomorrow during China's state visit to Canada.

CECEP Plasco China will be based in China and jointly owned by the two companies. Plasco will
provide its world leading Plasco Conversion System technology to be delivered in China only through this
Joint Venture. CECEP agrees that CECEP and its subsidiaries will use the Plasco Conversion System for
development in China of projects to recover energy from waste.

"We can make a big difference in cutting global warming causing gasses from landfill in the world's
fastest growing economy with one of the largest populations on earth through this partnership." said
Plasco CEO Rod Bryden, "This technology, developed right here in Ottawa, can help communities all
around the world to handle waste and contribute to our green energy future starting right now."

China currently landfills more than 160 million tonnes of MSW per year with the amount growing due to
the urbanization and rapid economic development of the country.

"The opportunity presented by this joint venture between CECEP and Plasco Energy Group is truly
exciting for both companies," said Wang Xiaokang, President of CECEP. "Soon, not only Ottawa and
Beijing, but communities across all of China will handle their municipal waste in the most
environmentally friendly way, producing clean, reliable energy and usable materials. Garbage will truly
become a resource rather than a waste."

China Energy Conservation and Environmental Protection Group, referred to as CECEP, established in
1988 in response to the second oil crisis. Since its establishment, CECEP has been working to promote
energy saving and environmental protection technology and projects. It is responsible for the
investment of RMB 23 billion yuan in national energy conservation capital construction projects, brings
more than RMB 30 billion yuan local investment, promotes 13 major categories, and accomplished more
than 3,000 major projects.

CECEP is a state-owned enterprise, which is fully sponsored and owned by the central government. The
corporation has 172 wholly owned and holding subsidiaries with over 30,000 employees. CECEP is the
strongest, largest and most competitive industry group in the field of energy conservation and
environmental protection in China.

About Plasco Energy Group Inc.

Plasco Energy Group builds, owns, and operates proprietary, world-leading technology that converts municipal solid waste into green power and other valuable products. Plasco has more than thirty years of experience with plasma technologies and has received funding from Government agencies, including Sustainable Development Technology Canada. Plasco is the green alternative to municipal waste management providing a socially acceptable and environmentally superior solution.

For more information contact:

Plasco Energy Group
Andrea Foottit (613) 591-9438 ext. 1225
Manager, Marketing

You can view Plasco's official press release here.

Related Articles:   The Ottawa Citizen, CTV Ottawa, The Ottawa Citzen (June 25, 2010)