RNS Number:4423S
Turbo Genset Inc.
24 November 2003



24th November 2003

          Notification Of Interests Of Directors And Connected Persons

John Gunn, a director of Turbo Genset Inc ("the Company"), has notified the
Company that today he has exercised a total of 266,668 options to subscribe the
same number of common shares of no par value of the Company at an exercise price
of CDN$0.268 per option.

John Gunn held these options on behalf of The Evolution Group Plc and had no
beneficial interest in them himself. He has transferred the shares issued on the
exercise of the options to
The Evolution Group Plc.

As a result of these transactions, John Gunn's direct interest in the common
share capital of the Company remains unchanged.


For further information please contact:

Turbo Genset
                                                                               
Fraser Searle, Chief Financial Officer    Tel:+44 (0)20 8564 4460
Sara-Lane Sirey, Company Secretary        Tel: +1 (403) 237 6549
                                     
Website:www.turbogenset.com



NOTES TO EDITORS


About Turbo Genset

Turbo Genset develops innovative products for power generation and power
conditioning. The Group was established in 1993 as a spin-off from Imperial
College, London and was floated on the London stock exchange in July 2000 and
soon after obtained a secondary listing in Toronto. In July 2001, the Group
acquired Intelligent Power Systems Limited (I-Power) specialising in power
electronics.

About Power Electronics

Power electronics products take a range of power inputs and condition them to
achieve outputs of precisely defined characteristics for applications such as
industrial lasers, Ultra Violet sterilization systems and railway power
electronics systems.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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