LONDON - July 28 2008  Climate Change Capital ("CCC") is acquiring the US strategic environmental consultancy, M.J. Bradley & Associates, it was announced today.

The move, for an undisclosed sum, is the latest in a series of strategic moves in the US by the UK based investment banking group and fund manager dedicated to the low carbon economy.  These include the acquisition of the business and assets of Quality Tonnes, a carbon project developer, and opening an office in Washington D.C. for policy and market development.  CCC's activities include investing, through its Carbon and Private Equity Funds, in companies and projects that help mitigate climate change.  CCC manages the world's largest private sector carbon fund.

Mark Woodall, Chief Executive, CCC said: "We are delighted to make this acquisition.  The US is at a tipping point in its attitude to climate change and we see the country as a huge growth area in the investment opportunities created by reducing greenhouse gas emissions and addressing pressing issues of energy supply security.  We think that the US knowledge and insights that Michael and his team have built up over the years are a perfect fit with the global expertise of CCC, and add to our capabilities to raise and invest capital to decarbonise economies."

Michael Bradley, the founder, will remain in charge of M.J. Bradley && Associates, which advises over 100 companies on environmental and energy policy, technology and implementation.  The firm has offices in New Hampshire, Massachusetts and Washington D.C.

Michael Bradley said: "The scale and the challenge in the low carbon area is such that it is the right time to partner with an organisation that brings considerable technical knowledge and a thorough understanding of how investment capital works in this environment, all with a global perspective, which adds value to the services we offer our clients.  Climate Change Capital fits that bill in every regard and will enable us to achieve our expansion plans in North America."

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Enquiries:

Climate Change Capital
James Burnham +44 (0)20 7939 5319      jburnham@c-c-capital.com

M.J. Bradley & Associates
Michael Bradley +1 978-369-5533      mbradley@mjbradley.com

About Climate Change Capital Group Ltd.

Climate Change Capital Group Ltd. ("CCC") www.climatechangecapital.com is a leading investment banking group and fund management business specialising in the investment opportunities created by the low carbon economy.  Its activities aim to make the world's environment cleaner while delivering attractive financial returns.

CCC operates three transactional teams:

• Carbon Finance: develops and manages funds that invest in Green House Gas ("GHG") reduction projects and their underlying assets, primarily in the developing world.  The funds also invest in companies that provide technologies or services facilitating GHG reductions.   The Climate Change Capital Carbon Funds have over €800 million under management.
• Fund Management: Develops and manages funds that invest in companies, projects and technologies that provide products or services facilitating climate change mitigation or adaptation.   Through the Ventus group of listed Venture Capital Trusts and The Climate Change Capital Private Equity Fund, CCC has in excess of €250 million under management for investing in clean technology, clean fuels and renewable energy.
• Advisory: provides financial, strategic and policy advice to energy-intensive industries, financial institutions, clean technology companies and governments.

CCC bridges the gap between the worlds of finance and policy, combining the talents of policy makers and energy experts with the discipline of investment banking plus committed capital, to ensure our clients are well positioned to prosper from the new energy economy.

Climate Change Capital Limited is authorized and regulated by the Financial Services Authority.

About M.J. Bradley & Associates

M.J. Bradley & Associates, www.mjbradley.com, assists private industry, nonprofit organizations, and government agencies in the strategic assessment of environmental and energy policies, programs, and technologies.

The firm strives to help clients achieve responsible environmental goals consistent with their strategic and business objectives.  It provides clients with high-quality information and services and facilitates innovative collaborations among various stakeholders.   Its team has extensive experience in energy markets, environmental policy, law, engineering, economics and business.