Plutonic Power terminates consulting agreement


Vancouver, BC -- April 30, 2007 -- Plutonic Power Corporation (TSX VENTURE: PCC) wishes to announce that, subject to TSX Venture Exchange approval, as part of an April 5, 2007 settlement it has agreed to issue 250,000 common shares and 125,000 warrants to a consultant as part of the termination of a consulting agreement. The two year warrants have an exercise price of $4.65 per share. The securities will be subject to a four month hold period under Canadian Securities laws and policies.

On behalf of the Board of Directors


Donald McInnes, President

Lisa May
Investor Relations
Office: 604-669-4999 ext 1034
Cell: 604-314-3362

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.