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Solar Integrated Technologies Inc. Announces Additional Listing

[2008-4-21]

Solar Integrated Technologies Inc. announced that following a meeting of the Remuneration Committee of the Board of Directors held on March 27, 2008 and a meeting of the Board of Directors held on March 28, 2008, that R. Randall MacEwen, President & Chief Executive Officer and a director, was granted: ;1,000,000 options over shares of common stock of US$0.0001 each in the Company ("Common Shares") (representing approximately 1.09% of the current issued Common Shares) at an exercise price of 90.5 pence per share (being the mid-market closing price on 1 April 2008) pursuant to the Company's Stock Option Plan. Following this grant, R. Randall MacEwen holds 2,666,668 options over Common Shares (representing approximately 2.92% of the current issued Common Shares); and 110,233 Common Shares (representing approximately 0.12% of the current issued Common Shares) for nil cash consideration at a deemed price of 90.5 pence per share (being the mid-market closing price on 1 April 2008). Mr. MacEwen elected to receive these shares in lieu of cash as partial consideration for his 2007 performance bonus compensation. Following this dealing, R. Randall MacEwen holds 238,485 Common Shares (representing approximately 0.26% of the current issued Common Shares). As a result of above, application has been made for 110,233 Common Shares to be admitted to trading on AIM.

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