Change of Advisor

RNS Number : 0514W

Corac Group plc

22 July 2009

Corac Group plc ("Corac")

Change of advisor

Corac (AIM: CRA) is pleased to announce the appointment of JM Finn Capital Markets Limited ("FinnCap") as Nominated Advisor and sole Broker with immediate effect.

For further information please contact:

Corac Group plc  01895 813463

Professor Gerry Musgrave, Executive Chairman

Philip Newell, Finance Director

FinnCap  020 7600 1658

Geoff Nash, Corporate Finance

Marc Young, Corporate Finance

Brian Patient, Sales

Buchanan Communications  020 7466 5000

Richard Darby/Ben Romney

NOTES TO EDITORS

Corac is an engineering and technology company developing and patenting innovative solutions utilising its compact, high power compressors based on its unique expertise and technology including oil free air bearings, high speed motors and power electronics.

Corac's pre-production, energy efficient compressors are supercharging existing industrial air compressors used in the food and beverage industry. Corac is also part of a joint industry programme with major gas operators to deploy Corac's technology in waning natural gas wells to increase the amount and rate of gas extraction.

Further information on Corac is available on the internet at www.corac.co.uk