Stock Warrant Extended

April 23, 2003 [] Sustainable Energy Technologies Ltd. has announced that because of delays in completing the previously announced Private Placement, it has extended the date for the exercise of Common Share Purchase Warrants exercisable at CAD$0.25 (US$0.17) per share from April 15, 2003 to October 15, 2003. There are currently 2,531,250 such warrants convertible in to an equal number of Common Shares for an aggregate consideration of CAD$632,812 (US$437,166). Based in Calgary, Alberta, Sustainable Energy develops and manufactures products that enable Renewable Energy resources to be an integral part of the electrical power system.

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