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Dynamotive Announces Board Appointments

Dynamotive Energy Systems Corporation (OTCBB:DYMTF), a leader in biomass to liquid fuel technology, announced the expansion of its Board and Board appointments to its U.S. subsidiary, Dynamotive Corporation, as it ramps up operations in the U.S. market.

The Company disclosed that George J. Terwilliger III, Esq., joined its board, expanding it to seven members with broad representation and professional backgrounds. Board member biographical details are available on Dynamotive’s website www.dynamotive.com.

Mr. Terwilliger, Dr. Curtin Winsor (current Dynamotive Director) and Mr. Andrew Kingston (currently Dynamotive’s President and CEO), were appointed to the U.S. subsidiary Board. Dr. Winsor was appointed as Chairman of the subsidiary.

Commenting on the appointment of Mr. Terwilliger, Mr. Richard Lin, Chairman, said, “We are pleased to welcome Mr. Terwilliger to our Company, as we enter the commercial stage and gear up for rapid growth. The insight and experience that Mr. Terwilliger adds to our board will be of great benefit to our shareholders. My fellow board members and I look forward to working with him.”

Mr. Lin added, “With the appointment of such prominent U.S.-based board members and Mr. Kingston, the U.S. subsidiary is poised to become a significant participant in the U.S. biofuel market and create value for our shareholders.”

Dr. Winsor, Chairman of the U.S. subsidiary, commented, “The market potential in the U.S. is influenced by a number of important political factors. One of the most important is the intense high-level desire of the U.S. government to reduce foreign oil dependency by encouraging biofuel production.

“One billion tons of dry biomass in the U.S. could, potentially, displace a third of U.S. petroleum consumption for transportation and industrial uses.

“We have a unique technology and business platform and a fantastic market opportunity which we will be addressing with U.S.-based staff operating from our headquarters in Virginia.”

George Terwilliger

Mr. Terwilliger was Deputy Attorney General of the United States from 1991 to 1993. As Deputy Attorney General, he served as the number two official and chief operating officer of the Department of Justice. He was previously Principal Associate Deputy Attorney General from 1990 to 1991, and a U.S. Attorney for the District of Vermont from 1986 to 1991. His public service career dates back to 1978 when he was appointed an Assistant U.S. Attorney for the District of Columbia.

Currently, Mr. Terwilliger is a senior partner and head of corporate defense and special projects with White & Case LLP, of Washington, DC, where he leads teams of lawyers on behalf of major corporate clients, including oil companies.

Dr. Curtin Winsor

Dr. Winsor served as U.S. Ambassador to Costa Rica from 1983 to 1985 and as consultant on Central America to the Under Secretary of Defense from 1985 to 1987. He became Special Assistant to Senator Bob Dole, Chairman of the Republican National Committee, from 1971 to 1973. Moving to the private sector, Dr. Winsor served as Manager for International Affairs at the Washington office of Chase Manhattan Bank from 1973 to 1979. He helped found the Alliance for Free Enterprise in 1979 and served as its Deputy Director until 1983.

Dr. Winsor has been a Director of Dynamotive Energy Systems since June 1996.

About Dynamotive

Dynamotive Energy Systems Corporation is an energy solutions provider headquartered in Vancouver, Canada, with offices in the U.S.A., U.K. and Argentina. Its carbon/greenhouse gas neutral fast pyrolysis technology uses medium temperatures and oxygenless conditions to turn dry waste biomass and energy crops into BioOil for power and heat generation. BioOil can be further converted into vehicle fuels and chemicals.

Forward-Looking Statement

Statements in this news release concerning the company’s business outlook or future economic performance, including the anticipation of future plant start-ups, partnerships, government assistance, other anticipated cash receipts, revenues, expenses, or other financial items, and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are “forward-looking statements.” Forward-looking statements are by their nature subject to risks, uncertainties and other factors which could cause actual results to differ materially from those stored in such statements. Such risks, uncertainties and factors include, but are not limited to, changes in energy prices, availability of capital, and the Company’s ability to access capital on acceptable terms or any terms at all, changes and delays in project development plans and schedules, customer and partner acceptance of new projects, changes in input pricing, competing alternative energy technologies, government policies and general economic conditions. These risks are generally outlined in the Company’s disclosure filings with the Securities and Exchange Commission.