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Stamford, CT - December 23, 2008 - Clean Diesel Technologies, Inc. (NASDAQ:CDTI & AIM:CDT & XETRA:CDI) the cleantech emissions reduction company, announces that the Directors were granted a total of 65,500 options to subscribe for common stock, par value $0.01 per share. The options are exercisable at a price of $2.705 per share for a period of 10 years. The options granted to outside directors vest immediately. Vesting of options granted to employee directors is one third on the date of grant and an additional one third on each of the first and second anniversaries of the date of grant.
The table below sets out the details relating to each Director in respect of the information set out above:
For further information:
Clean Diesel Technologies, Inc.
Ann Ruple, CFO, Vice President & Treasurer
Tel: +1 (203) 327-7050
E-mail: aruple@cdti.com
Charles Stanley Securities, Nominated Adviser
Philip Davies / Jen Boorer
020 7149 6000
E-mail phillip.davies@csysecurities.com
Notes to Editors
It is a requirement that dealings in shares by directors of companies trading on the London Stock Exchange's Alternative Investment Market (AIM) be published.
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