Market Release (1 page) 14 June 2011

Dyesol and Tata Technical Progress Report

Attached is a copy of a release made by Tata Steel Europe in relation to technical progress made jointly by Dyesol and Tata at the PV Accelerator at Shotton, North Wales.

For media queries in Australia contact Viv Hardy, Callidus PR on +61 (0)2 9283 4113 or +61 (0)411 208 951. In Europe contact Eva Reuter, Investor Relations, Dyesol Europe on +49 177 6058804. In the Americas contact Kathryn Harper, Antenna PR on +1 415 977 1936.

The Technology DYE SOLAR CELLS DSC technology can best be described as artificial photosynthesis using an electrolyte, a layer of titania (a pigment used in white paints and tooth paste) and ruthenium dye deposited on glass, metal or polymer substrates. Light striking the dye excites electrons which are absorbed by the titania to become an electric current many times stronger than that found in natural photosynthesis in plants. Compared to conventional silicon based photovoltaic technology, Dyesols technology has lower cost and embodied energy in manufacture, it produces electricity more efficiently even in low light conditions and can be directly incorporated into buildings by replacing conventional glass panels or metal sheets rather than taking up roof or extra land area. The Company DYESOL Limited Dyesol is a global solar technology company and in August 2005 was listed on the Australian Stock Exchange (ASX: DYE). Dyesol manufactures and supplies a range of dye solar cell products comprising equipment, chemicals, materials, components and related services to researchers and manufacturers of DSC. The Company is playing a key role in taking this third generation solar technology out of the laboratory and into the community.

More details about the company and the technology can be found at: http://www.dyesol.com

www.dyesol.com

For immediate use

10 June 2011

NEWS RELEASE

Tata Steel and Dyesol produce worlds largest dye sensitised photovoltaic module

An important breakthrough has been achieved at Tata Steels Shotton site in North Wales, where a development partnership between Tata Steel and Dyesol has produced the worlds largest dye sensitised photovoltaic module. The module is over 3 metres in length and approximately 1 square metre in area and represents an important step in the development of large-scale micro energy generation capability within the infrastructure of buildings.

Tata Steel Europe Limited 30 Millbank, London SW1P 4WY T: +44 (0) 20 7717 4444 F: +44 (0) 20 7717 4455

For immediate use

NEWS RELEASE

Creation of the module has shown the potential, using continuous printing and coating processes, for scaling up the production of steel strips onto which a dye sensitised photovoltaic coating has been printed. Produced as a single length of coated steel rather than separate cells connected together, the breakthrough brings closer to commercial realisation the two companies ambitions to develop a manufacturing process that can produce long roofing panels with an integrated dye sensitised photovoltaic function. Paul Bates, Operations Manager of the Tata Steel Colors PV Accelerator, commented: The Tata Steel and Dyesol team has worked hard to translate laboratory concepts to pilotline scale, and has successfully produced hundreds of metres of printed steel and polymer film that go into our demonstration product. Dr. Mikael Khan, Lead Scientist of Dyesol UK Ltd, commented: This module demonstrates the feasibility of a continuously printed dye sensitised product. The materials and processes we have created move the process from the production of single cells into the continuous production, from rolls, of lengths of finished modules that would be ideal for roofing applications. Dye sensitised photovoltaic modules have unique performance characteristics, being particularly tolerant of lower light levels and temperature variations, providing benefits in real-world conditions. Developing the ability to print the PV coating directly onto steel roof cladding would enable the modules to be produced in large volumes cost effectively and integrated into building envelopes. Following the successful completion of the first three years of their joint development project in June this year, Tata Steel and Dyesol recently announced that they will be increasing the number of personnel from 30 to 50 as the project moves into the preindustrialisation phase.

Tata Steel Europe Limited 30 Millbank, London SW1P 4WY T: +44 (0) 20 7717 4444 F: +44 (0) 20 7717 4455

For immediate use

-ends-

NEWS RELEASE

For further information, please call Bob Jones on +44 (0)207 717 4532 or email bob.jones@tatasteel.com.

Additional Notes for Editors

1. Established in 1907 as India's first integrated steel company, Tata Steel Group is one of the worlds top ten steel producers with annual crude steel capacity of more than 28 million tonnes. It is the world's second most geographically diverse steel producer, with operations in 26 countries and a commercial presence in more than 50. Tata Steel Group has over 80,000 employees across four continents and is a Fortune 500 company. 2. The European operations of Tata Steel (formerly known as Corus) comprise Europe's second largest steel producer. With main steelmaking operations in the UK and the Netherlands, they supply steel and related services to the construction, automotive, packaging, material handling and other demanding markets worldwide. 3. Tata Steel Colors is a business within Tata Steel in Europe engaged in the manufacture and sale of pre-finished steel products to the construction, manufactured goods and domestic appliance sectors. The business has 6 sites in 4 countries, 3 of which are in the UK. The business headquarters and largest manufacturing site are at Shotton in Deeside, North Wales. 4. Dyesol Limited is a global solar technology company and in August 2005 was listed on the Australian Stock Exchange (ASX: DYE). Dyesol manufactures and supplies a range of dye solar cell products comprising equipment, chemicals, materials, components and related services to researchers and manufacturers of dye solar cells. 5. Dye solar cell (DSC) technology can best be described as artificial photosynthesis using an electrolyte, a layer of titania (a pigment used in paint and tooth paste) and ruthenium dye deposited on glass, metal or polymer substrates. Light striking the dye excites electrons which are absorbed by the titania to become an electric current many times stronger than that found in natural photosynthesis in plants. DSC works well in all light conditions.

Tata Steel Europe Limited 30 Millbank, London SW1P 4WY T: +44 (0) 20 7717 4444 F: +44 (0) 20 7717 4455