News Releases

Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange:AIM-OPT) is pleased to announce the signing of an operation and maintenance (O&M) contract for the first phase of the OPT wave power station to be constructed off the coast of the Cantabria region in northern Spain.

Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange: AIM-OPT) is pleased to announce that it has filed applications for permits from the US Federal Energy Regulatory Commission (FERC) for two 100 MW wave power generation projects in Oregon, USA.

Ocean Power Technologies, Inc (“OPT”, or “the Company”) (London Stock Exchange: AIM-OPT), announces that its annual meeting of shareholders was held on 12 January 2007. A record number of shares were voted, and all resolutions were passed with no votes cast against any of the resolutions.

Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange:AIM-OPT) is pleased to announce the signing of the Engineering, Procurement and Construction (EPC) contract for the next phase of building a 1.25 MegaWatt OPT wave power station off the coast of the Cantabria region in

Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange: AIM-OPT) is pleased to announce that it has filed an application for a permit to the US Federal Energy Regulatory Commission (FERC) for a 50MW wave power generation project in Oregon, USA.

Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange:AIM-OPT) today announces that Dr. George W. Taylor, Chief Executive Officer of the Company, testified before the United States Senate Committee on Commerce, Science and Transportation and called on legislators to include

Ocean Power Technologies, Inc (“OPT” or the “Company”) (London Stock Exchange: AIM-OPT) is pleased to announce today that Thomas J. Meaney has been appointed as a non-executive member of the Company's Board of Directors. Mr. Meaney, who is 71, currently serves as President and Chief Executive

Pennington, NJ, USA, 9 March 2006 - Ocean Power Technologies, Inc (“OPT”, or the “Company”) (London Stock Exchange:AIM-OPT), is pleased to announce that it has appointed Collins Stewart Limited as its nominated adviser and broker with immediate effect. For further information, please contact: Dr.

Ocean Power Technologies, Inc (“OPT” or the “Company”) (London Stock Exchange: AIM-OPT) announced today that it has been selected to occupy a position at the South West Wave Hub Project to install a PowerBuoyTM station off the north coast of Cornwall.

NEWS RELEASE Ocean Power Technologies Ltd (OPT) is pleased to announce today the appointment of Stuart Bower as Engineering Manager, reporting to Mark Draper, Chief Executive. Stuart has over eighteen years' experience in the power business at ALSTOM Power Conversion, formerly GEC Electrical