Wednesday, February 28, 2007
Toll Cross Securities updates target price on Plutonic Power Corporation


 Toll Cross Securities updates target price on Plutonic Power Corporation (PCC:TSXV)

Alex Harbin, research analyst at Toll Cross Securities Ltd, has increased his target share price on Plutonic Power Corporation to $5.30.

This revised target is based on several recent events such as the signing of the Impact Benefits Agreement with the Klahoose First Nation, the BC Throne Speech and the announcement of the proposed federal ecoEnergy renewable power incentive program.

To receive a full copy of the updated reports, please contact:

Nancy Goertzen, Investor Relations
Toll free: 1-877-669-4999
Nancy.Goertzen@plutonic.ca

or

Marc Stachiw, Director, Corporate Development
Toll free: 1-877-669-4999
Marc.Stachiw@plutonic.ca