PR 36349                                                                                     
27 May 2014

Infarad's major shareholder announces energy efficiency collaboration for the UK and China

Pictured from left to right (back row) Johnathan Maxwell, CEO of SDCL, Fang Wenjian, General Manager, Bank of China UK Branch, Gregory Barker，Minister of State, Department of Energy and Climate Change, Liu Xiaoming , China's ambassador to the UK, Pan Linwu, CFO of AVIC Intl , Crispin Simon, CEO of UKTI , Katie Lee, Counsellor, the head of Institutional Investment UKTI, Beijing. (Front row) Gary Fraser, Partner of Forsight Group and Lou Yucheng, Managing Director of AVIC UK.

The major shareholder of heating products supplier Infarad, AVIC International Renewable Energy Co, signed a memorandum of understanding with SDCL Asia on 23^rdApril 2014. This will see collaboration in the UK China Energy Efficiency Investments Fund with an overall investment programme of up to US$200 million expected over three years.

With an investment of £14 million, AVIC's first UK project is the recently purchased, 12 MWp Spriggs Farm Solar Park in Saffron Walden, Essex.

Infrarad offers three ranges of highly efficient infrared heating panels that consume half the energy required by conventional radiators. New to the UK, the innovative panels emitted energy in the form of infrared rays which heat only the solid objects they land on including the room's occupants.

For more information, visitwww.infrarad-heating.comor call 01525 851122.

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With compliments:
Alison Relf
Taylor Alden Ltd
Unit 2, Temple Place
247 The Broadway
London
SW19 1SD
Tel: 020 8543 3866
Email: alison@tayloralden.co.uk