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Gold/Mining/Energy : Turbo Genset -- Ignore unavailable to you. Want to Upgrade?

To: Gulo who wrote (11)	4/20/1999 1:53:00 AM
From: Stephen O	Read Replies (2) \| Respond to of 47

The HO of Turbo Genset Inc is in Calgary at a lawyers office. The actual company is at Heathrow. The quarterly report to shareholders I just received states that they will develop a genset to power a tramcar in Karlsruhe, Germany. This should be ready next year. The company had some Canadian connections and they found it simpler and much cheaper to do a financing on the Calgary exchange rather than finance on the OTC market in London. For the past 2 weeks they have a market maker in London because so many of their shares are held over there. BTW I visited the Heathrow site last November. It is certainly not a fancy building like Ballard's is in Vancouver. I was unable to meet most of the people involved as they had been called away to make a presentation in Edinburgh to a major North Sea Oil & GAs company. Those North Sea production platforms need electricity and they currently use massive diesel gensets. The Turbo gensets are 1/10 the size and could run from the gas being flared off or reinjected. Regards Stephen O

To: Gulo who wrote (11)	4/20/1999 1:58:00 PM
From: speculatingvalue	Read Replies (1) \| Respond to of 47

Did you notice all the degrees in their management team?

To: Gulo who wrote (11)	6/3/1999 6:45:00 PM
From: speculatingvalue	Read Replies (1) \| Respond to of 47

LONDON, UNITED KINGDOM--Professor Colin Besant, Chairman and Chief Executive of Turbo Genset Inc. announced that the company's shares have commenced trading today on the London OFEX. Secondly, Professor Besant announced that the company has won a contract from Williams Grand Prix Engineering to develop and demonstrate the applications of the company's technologies in world class motorsport. Turbo Genset Inc, is a Canadian company that trades on the Alberta Stock Exchange (Symbol-TUR.A). As the company announced in February 1999, the decision to list on the OFEX in London was prompted by numerous requests from present and future shareholders in Europe who wish to have a market for the company's shares in the European time zone. The OFEX market is operated by the market making company, J.P. Jenkins & Co. as a matched bargain facility with prices updated once a day at close of business (4.30pm London time). Daily OFEX pricing and other information can be accessed through the internet at ofex.co.uk. Turbo Genset Inc.'s only asset is a 91 percent holding in the Turbo Genset Company Limited (TGC), a UK based company established in 1993 to develop and exploit technology related to small scale power generation. The technology has been and continues to be developed by Imperial College, London which has assigned all intellectual property rights in the technology to TGC in exchange for a 9 percent shareholding in the company. Patents in the technology have been awarded in the U.K., European Union, USA and Japan. Turbo Genset's innovation is a high-speed, highly compact alternator, powered by a small gas turbine, which it has incorporated into a small scale generator (a "turbo genset") capable of generating large amounts of power. Conventional generators capable of producing 50kW weigh typically between 1-2 tons while a turbo genset weighs only 150 kg and can produce the same power. The turbo genset's compactness, portability, reliability, ease of maintenance and use of alternate fuels means that it is adaptable to a range of applications in varying local conditions including local power generation, standby power, hybrid vehicles and combined heat and power applications. Developing a number of key technologies related to high-speed electrical machines and micro-gas turbine engines, the company also specializes in system design and integration as well as power conditioning and control electronics. Said Professor Besant: "We are very pleased to have won a contract with Williams Grand Prix Engineering and we look forward to developing and demonstrating the application of our technologies in motorsport." This press release includes forward-looking statements and although management of Turbo Genset Inc. believes that its expectations are based upon reasonable assumptions, it can give no assurance that its goals will be achieved. Important factors that could cause actual results to differ materially from those in the forward-looking statements contained herein include, among others, the success and timing of certain projects, agreements and orders, the success of previous or further acquisitions, growth of the Corporations revenue base, the ability to generate reasonable gross profit margins on revenues that realised, and changes in the demand for the Corporation's products during the periods covered by the forward looking statements. Interested parties are urged to refer to additional information regarding Turbo Genset Inc. which is contained in its reports to the Alberta Securities Commission and Quebec Securities Commission. -30-FOR FURTHER INFORMATION PLEASE CONTACT: Turbo Genset Inc.Professor Colin BesantChairman and Chief Executive 011 44 181 570-2946011 44 181 570-5423 (FAX)info@turbogenset.com turbogenset.comorturbo Genset Inc.Michael Holland Senior Administration Officer011 44 181 570-2946or Powerpoint Investment Communications Inc.Allan McGirrIn North America (604) 708-2462amcgirr@turbogenset.com