Holdings in Company

RNS Number : 4632Y
Corac Group Plc
03 September 2009 

Corac Group plc  (the "Company")
Holdings in the Company

The Company was informed on 2 September 2009 that Gartmore Investment Limited no longer holds a notifiable interest in the ordinary shares of the Company. 

For further information please contact:

Corac Group plc (tel: 01895 813463)
Professor Gerry Musgrave, Executive Chairman
Philip Newell, Finance Director

finnCap (tel: 020 7600 1658)
Geoff Nash, Corporate Finance
Marc Young, Corporate Finance
Brian Patient, Sales

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