Vancouver, Canada
November 21, 2007
Company Statement on Recent Share Price Volatility
Dynamotive does not generally comment on its share price, however we can say that we believe that the recent downward volatility in the share price is not the result of any undisclosed events within Dynamotive. The Company continues to make substantial progress with its Ontario biofuels plants and in a large number of business development opportunities. We trust you have noted the general negative stock market conditions of late and are aware that Dynamotive, as a development stage company, is to be expected to experience more than its share of such turbulence. On November 20, 2007, Dynamotive posted a website update on the start-up of its 200 tonnes per day biofuels plant in Guelph, Ontario.
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