ULTIMA NETWORKS PLC
                           ('Ultima' or the 'Company')
                                        
 Ultima to establish two pilot solar power plant installations in collaboration
                          with Spanish local authority
                                        

2 December 2008


Ultima  is  pleased  to announce that it is establishing two pilot  solar  power
plant   installations   in  collaboration  with  the   Sinarcas   Town   Council
('Sinarcas'), a Local Authority in Valencia, Spain.

Silicon  CPV  plc ('Silicon CPV') which is a division of Akhter Group  plc  (the
Company's  ultimate  controlling party and a company of  which  Humayun  Mughal,
chairman  and  chief executive of Ultima, is also a director) will be  supplying
its  solar power technology to the pilot plants. The estimated total cost of the
project  is Euro500,000 (of which approximately Euro200,000 will be utilized  for  the
purchase  of  equipment from Silicon CPV) over the next 4  months,  funded  from
Ultima's own resources.

The installations will each have a 50kW power generation capacity and will pilot
Silicon  CPV's  latest  solar  concentrator systems (concentrators  use  optical
elements  to focus light on a smaller area of a solar cell).  This will  be  the
first  large-scale deployment of two Silicon CPV technologies, the 4x  and  120x
concentrators.   The  installations are intended to demonstrate  the  commercial
advantage   of   Silicon  CPV's  technologies  over  existing   solar   systems.
Construction  will  start in the first quarter of 2009.  The  pilot  plants  are
expected  to be operational during the second quarter of 2009 and be  generating
revenue  for  Ultima in the second half of 2009 under a typical  20  year  power
purchase agreement which would be signed with the Spanish local authority.

The performance of the Silicon CPV concentrator technologies will be measured in
comparison with conventional flat plate solar panels already in use on the site.
Both  Ultima  and Sinarcas will use the installation to demonstrate the  Silicon
CPV technology to organisations planning solar energy farms and installations.

The  Silicon  CPV  system  reduces  the  capital  cost  of  solar  installations
substantially  and hence the Directors believe the system will be  able  produce
and  supply  electricity  to a national electricity grid  at  a  price  that  is
competitive  with  existing fossil fuels ('grid cost parity')  sooner  than  any
other solar technology.


Anthony Palmer, Chairman, Silicon CPV, has stated 'We fully expect that our
innovative and patented technology will enable us to bring forward the point of
grid cost parity with fossil fuel to as early as 2010.'

In  addition to lower costs, the technology offers a much faster energy  payback
period  compared to conventional solar technology. The expected  energy  payback
period  is  one year, which compares favourably with flat plate technology  that
has  an  energy payback greater than 3 years.  Silicon CPV's system is  designed
using  innovative concentrator technology using only 2% of the Silicon  consumed
by standard solar systems.



Enquiries:

Ultima Networks Plc                                    01279 821 200
Humayun Mughal, Chairman and Chief Executive
Anthony Klein, Finance Director
Geoff Pick, Marketing Manager (Press enquiries)

Silicon CPV                                            01279 821 259
Anthony Palmer, Chairman

Blomfield Corporate Finance Limited (Nomad and Broker) 020 7489 4500
Alan MacKenzie
James Pinner