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PolyFuel Inc. - Director/PDMR Shareholding.

Europe Intelligence Wire

| November 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From AFX CNF)

RNS Number:4082L PolyFuel Inc. 01 November 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification. Please complete all relevant boxes in block capital letters 1. Name of the issuer 2. Name of person discharging managerial responsibilities/director POLYFUEL, INC. Jim Balcom - executive director 3. State whether notification relates to a 4. Indicate whether the notification is in respect person connected with a person discharging of a holding of the person referred to in 2 or 3 managerial responsibilities/director named above or in respect of a non-beneficial interest in 2 and, if relevant, identify the connected person As above N/A 5. Description of AIM securities (including 6. State the nature of the transaction class) or financial instruments relating to AIM securities Option Grant N/A 7. State the nature and extent of the interest 8. Number of AIM securities or financial of the person discharging managerial instruments relating to AIM securities acquired responsibilities/ director in the transaction N/A Recipient 9. Percentage of issued class acquired 10. Number of AIM securities or financial instruments relating to AIM securities disposed N/A N/A 11. Percentage of issued class disposed 12. Price per AIM security or value of transaction N/A N/A 13. Date and place of transaction 14. Total holding following notification and total percentage holding following notification 21 December 2005 at Common Shares - 49,000 (0.09%) ...

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