Clean Energy’s IMW and Russian Machines Sign Exclusive Distribution and Customer Care Agreements

  Clean Energy’s IMW and Russian Machines Sign Exclusive Distribution and
  Customer Care Agreements

Business Wire

CHILLIWACK, British Columbia -- February 6, 2014

IMW Industries, Ltd., a wholly-owned subsidiary of Clean Energy Fuels Corp.,
(NASDAQ: CLNE) today announced an exclusive distribution and customer care
agreement with Russian Machines Corporation (RM), part of the Basic Element
Group. Under the agreement, RM is named the exclusive distributor of IMW
compressors, compressed natural gas (CNG) filling solutions, parts, and sole
provider of maintenance and service within the Russian Federation. The
agreement supports the May 2013 Russian decree 767-p to convert 50 percent of
public transit and other vehicles to natural gas fuel by 2020 in cities with a
population over one million.

“The Russian CNG vehicle market holds tremendous potential and the market for
quality compressor equipment is expected to rapidly increase,” said Andrew J.
Littlefair, president and CEO of Clean Energy. “As reported by Reuters in May
2013, Russian Prime Minister Dmitry Medvedev’s May decree underscores the
economic and environmental benefits a vibrant Russian CNG vehicle market would
represent and we’re eager to help this market succeed.”

RM’s GAZ Group is the leading company in Russia for the manufacturing of
commercial vehicles, such as buses and light commercial vehicles, powered by
gas fuel including liquefied petroleum gas (LPG) and CNG. GAZ Group has
approximately 65 percent of the bus manufacturing market in Russia. In 2013,
GAZ Group launched production of PAZ-3204-4238 and KAVZ natural gas buses and
produced a pilot batch of pre-serial bi-fuel Gazelle BUSINESS LCVs which run
on CNG and gasoline.

“These agreements are the first steps toward mutually-beneficial synergies in
the introduction of CNG as a motor fuel in Russia and surrounding markets,”
said Manfred Eibeck,chief executive officerof Russian Machines. “Russia
holds the largest natural gas reserves in the world, yet only has
approximately 200 natural gas fueling stations and 100,000 natural gas
vehicles. This project will help bring state-of-the-art CNG fueling solutions
and localized hi-tech production to Russia.”

RM has also been named among the distributors of CNG services in numerous
surrounding markets such as Ukraine, Belorussia, Kazakhstan, Armenia,
Turkmenistan and Uzbekistan. IMW is active in 26 countries such as China where
a recent agreement with China Gas was reached to supply up to 416 compressors
for the construction of 310 CNG stations.

About IMW Industries

IMW Industries is the largest sole manufacturer of non-lubricated natural gas
compressors and related technologies for natural gas fueling applications in
the world. IMW’s products are manufactured in Chilliwack, British Columbia,
Ferndale, Washington, and Shanghai, China, and are utilized at private and
public access fueling stations, as virtual pipelines and in industrial gas
solutions. Headquartered in Chilliwack, British Columbia, IMW is a
wholly-owned subsidiary of Clean Energy Fuels Corp. (Nasdaq: CLNE), the
largest provider of natural gas fuel for transportation in North America. For
more information, visitwww.imw.ca.

About Russian Machines Corporation

RM CNG is 100% Daughter Company of Russian Machines (www.rm.ru) – a major
Russian diversified corporation, part of Basic Element Group. Russian Machines
comprises industrial and engineering assets in such industries, as automotive
OEM, automotive components, railroad equipment engineering, aircraft assembly
and service, production of agricultural machinery and road construction
equipment. Russian Machines production activities are based in the key 12
regions of the Russian Federation.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 that involve risks, uncertainties and assumptions,
including statements about the market for CNG vehicles and compressors in
Russia and the benefits of natural gas. Actual results and the timing of
events could differ materially from those anticipated in these forward-looking
statements as a result of several factors, including, but not limited to,
failure by Russian Machines to purchase compressors and related CNG fueling
infrastructure equipment from IMW. The forward-looking statements made herein
speak only as of the date of this press release and, unless otherwise required
by law, the Company undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances.
Additionally, the reports and other documents the Company files with the SEC
(available at www.sec.gov) contain risk factors, which may cause actual
results to differ materially from the forward-looking statements contained in
this news release.

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Contact:

Clean Energy Media Contact:
Patric Rayburn, 949-437-1411
patric.rayburn@cleanenergyfuels.com
or
Clean Energy Investor Contact:
Tony Kritzer, 949-437-1403
tkritzer@cleanenergyfuels.com
or
Russian Machines Media Contact:
Ekaterina Pankova, +7-495-653-82-07
ekaterinaVP@rm.ru
 
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