Thursday 26 March 2009 - A JOINT PRESS RELEASE FROM:

PARRY PEOPLE MOVERS Ltd www.parrypeoplemovers.com

LONDON MIDLAND www.londonmidland.com

STOURBRIDGE RAILCAR RECEIVES ITS PASSENGER LICENCE

The following is a news release from London Midland that has been prepared with PPML:

A pioneering lightweight, hybrid-power rail vehicle moved another step closer to its launch date after receiving its passenger licence today.

The first Class 139 Lightweight Railcar from Parry People Movers Ltd, the first of its kind in the UK, received its passenger certification from Network Rail. 

Further crew training will now take place as the Class 139 is phased into service on the Stourbridge Junction to Stourbridge Town branch line.

The railcar will enter service on Saturdays and Sundays in April, operated under subcontract by Pre Metro Operations Ltd, with a view to full service introduction when the new rail timetable begins in May.

London Midland managing director Stephen Banaghan said he was keen to see the railcar enter service in Stourbridge.

"This will be an exciting development - the first of its kind in the UK - and we look forward to the advent of this new service at the heart of our network," he said.

"We have been working closely with Parry People Movers since November 2007 during the design, manufacture and commissioning of the new railcars and keenly anticipate their introduction."

PPML's chairman John Parry said that the Class 139 represented a new approach to local transport.

"London Midland are to be congratulated on looking for innovative solutions to branch line operation," said Mr Parry.

"Our flywheel-hybrid drive makes this type of railcar one of the most environmentally-friendly ways to travel, and the system can be applied to street tramways as well as short railway lines."

London Midland is currently running a diesel train on the Stourbridge Junction to Stourbridge Town line.

Notes to Editors:

PARRY PEOPLE MOVERS Ltd

Parry People Movers Ltd (PPML) was founded in 1991 to develop rail transport based on a new innovation: the flywheel energy store, which allows vehicles to run extremely efficiently and to recapture their braking energy for reuse when accelerating.  The company's shares are listed on the PLUS Market (Ticker code: PPM).

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.  The 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.

Contact: 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

LONDON MIDLAND

London Midland is the company operating the new West Midlands’ train franchise through the heart of England. Our network of services span from London in the south, to Birmingham in the midlands and Liverpool in the north.  London Midland began operating on 11th November 2007.

Contact:  Rachel Webster, Head of Communications, London Midland on 0121 654 1278, e-mail rachel.webster@londonmidland.com, website www.londonmidland.com