PI Power International Limited

EANS-News: PI Power International Limited
PI Power International has executed a non-binding agreement with Meinl Bank

-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Strategic management decisions St Helier, Jersey, Channel Islands (euro adhoc) - PI Power International has executed a non-binding agreement with Meinl Bank Jersey/Vienna, October 5, 2009 - Meinl Bank AG, AI Airports International Limited and PI Power International Limited have executed a non-binding agreement to settle their outstanding claims and litigation on 3 October 2009. The proposed terms are confidential at this stage but details will be made public if and when a definitive binding agreement is reached. All parties are working to achieve a definitive agreement as soon as practicable. Further information on PI Power International is available at: www.powerinternational.eu Ende der Mitteilung euro adhoc -------------------------------------------------------------------------------- ots Originaltext: PI Power International Limited Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Please address any inquiries to: Investor Relations and Public Relations Hochegger Financial Relations GmbH Mick Stempel T: +43 1 504 69 87-385 M: m.stempel@hochegger.com Michaela Lipa T: +43 1 504 69 87-341 M: m.lipa@hochegger.com Branche: Energy ISIN: AT0000A05W59 WKN: Index: other listings Börsen: Wien / Third Market

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