Issued by Golley Slater Financial PR
Date: 31 July 2007

	PARRY PEOPLE MOVERS Ltd www.parrypeoplemovers.com

Government rail strategy echoes Parry People Movers' beliefs on the future of our railways

Parry People Movers Limited (PLUS Markets; PPM), suppliers of lightweight rail and tram vehicles, are looking to the future with renewed confidence after the Government revealed that their future rail strategy now echoes the Company's long-standing approach to environmental performance.

The Government White Paper and accompanying Rail Technical Strategy (published on 24 July 2007) reveal extensive official recognition of the need for high-efficiency, lightweight, hybrid technology in future rail development - an approach pioneered by Cradley Heath based PPML since its formation in 1991.

This recognition for PPML follows the announcement on 21 June 2007 that Parry People Movers railcars will run services on the Stourbridge Town branch in the West Midlands from 2008, under the new regional franchise awarded to Govia by the Department for Transport.

The Company expects that the supply of two PPM 60 vehicles to the London Midland franchise will increase revenue by as much as £750,000 starting in the current financial year.  The PPML railcars will provide all passenger services on the branch - the first conversion of a route to "lightweight rail" technology - which is expected to generate interest in the concept both in the UK and overseas.

PPML's rail vehicle product is the first in service to feature lightweight construction, a hybrid power supply and a patented energy storage system which enables the vehicle to recover kinetic energy as it brakes and then re-use it to accelerate away from stops (known as regenerative braking).  Experimental passenger operation in 2006 revealed a calculated 80% cut in carbon dioxide emissions compared to conventional diesel trains, a 45% reduction in operating costs, and considerable reductions in noise and pollutants.  The base technology, which uses propane gas as fuel, can be adapted to use other energy sources including biofuels and hydrogen if these are preferred.

The Government's Rail Technical Strategy makes frequent reference to the need for carbon reduction by the use of hybrid technology, regenerative braking and lightweight vehicles, and to the potential for biofuel and hydrogen for powering rail systems.

John Parry MBE, Chairman of Parry People Movers Limited, commented:

"We welcome the views contained in the recently published Government White Paper and Rail Technical Strategy that recognise the substantial need for all future rail transport to be efficient, lightweight and environmentally-friendly in performance.

"For many years, PPML has championed the merits of hybrid technology as the most efficient concept for the future development of rail transport.  It is a thorough vindication to see Government policy now echoing these sentiments.  In the light of this, we look forward to the future with confidence."

Enquiries:

Notes to Editors:

PPML shares are listed on the PLUS Market (Ticker code: PPM).

SUCCESS: On 21 June 2007, it was announced that Parry People Movers railcars will be used from 2008 to operate all services on the Stourbridge Town branch line in the West Midlands, under the new London Midland franchise awarded to Govia by the Department for Transport.

COMPANY: Parry People Movers Limited was founded in 1991 to develop rail transport based on a new innovation: the "Kinergetic" flywheel energy store, which allows vehicles to run extremely efficiently and to recapture their braking energy for reuse when accelerating.  The Company is owned by approximately 200 shareholders.

ADVANTAGES: PPML's rail vehicles offer the quality of modern light rail transport without the need for electrical power supply, giving excellent environmental performance and energy efficiency at lower costs than conventional technology.  PPML technology can be used equally on railways and on urban tramways.  PPML's vehicles are fully compliant with accessibility regulations.

ACHIEVEMENTS: Twelve PPML vehicles have been built, ranging in capacity from two to 50 passengers.  Between them they have carried over 100,000 passengers.  PPML vehicles have operated in Bristol, Brighton, Barking, Swansea, Birmingham, Oswestry and elsewhere.  PPM 50 Lightweight Railcar No. 999 900 has run on the Chasewater Railway, the Great Central Railway, the Severn Valley Railway and the Wensleydale Railway since it was built in 2001.  From 11 December 2005 to 17 December 2006, this railcar operated more than 4,000 passenger services between Stourbridge Junction and Stourbridge Town stations on Sundays, run by licensed train operator Pre Metro Operations Ltd.

TECHNOLOGY: The "Kinergetic" technology used in PPML's vehicles is licensed to the Company by JPM Parry & Associates Limited, a West Midlands engineering firm specialising in overseas development, innovative transport and energy/environmental issues.

PHOTOGRAPHS: A wide range of pictures of PPML vehicles can be obtained from Parry People Movers Limited (contact details below):

Parry People Movers Limited
Overend Road
Cradley Heath
West Midlands
B64 7DD
Telephone: +44 (0)1384 569553
Fax: +44 (0)1384 637753
E-mail: info@parrypeoplemovers.com
Website: www.parrypeoplemovers.com