The TSX Venture Exchange has consented to the extension in the expiry date of the following warrants of Zenn Motor Company Inc.:

Private placement:

Number of warrants:  2.35 million

Original expiry date of warrants:  Oct. 13, 2013

New expiry date of warrants:  Oct. 31, 2013

Exercise price of warrants:  $1.35

These warrants were issued pursuant to a private placement of 2.35 million shares with 2.35 million share purchase warrants attached, which was accepted for filing by the exchange effective April 19, 2012.