/C O R R E C T I O N — S.D.E. Ltd/

TEL AVIV, Israel, April 15, 2010 - In the news release, "SDE Finalizing the Construction of the First Sea Wave
Power Plant for China" issued on 15 Apr 2010 11:33 GMT, by S.D.E. Ltd over
PR Newswire, we are advised by a representative of the company that the
contact telephone number for S.D.E. Ltd should read +972-(0)3-7397107.

Complete, corrected release follows:

SDE is finalizing the construction of the first of many sea
wave power plants to be installed in China during the upcoming month.

The 1MW sea wave power plant will be installed in the province
of Guangzhou, in the city of Dong Ping, and will represent the successful
beginning of the implementation of an overall 10,000MW plan to be executed in
Guangzhou in the near future. The construction of the new sea wave power
plant has received a lot of interest from the Chinese media, and the
governmental news channel even broadcasted a detailed report on the
construction site.

SDE's officials, Mr. Shmuel Ovadia, Managing Director of SDE,
and Inna Braverman, the International Marketing Manager of the company, flew
to China in order to conduct several meetings with the Mayor of Dong Ping and
with a large governmental foundation, that expressed its interest in funding
SDE's project all over China. The mayor had also expressed his keen interest
in the development of the sea wave power plants all over the city.

Similar sea wave power projects will be built in Nan San
Inland of Zhan Jiang city, where the Beach is 24KM and the wave's height it
between 2-3 meters, as well as in the province of Hainan, in which SDE's
partners are in the final stages of negotiations.

China has a great need for the swift implementation of SDE's
sea wave power technology due to the high rates of pollution in the country.
In fact, according to Time Magazine, the Chinese cities Linfen and Tianying
are the world's two most polluted cities, and the World Bank has reported
that 16 of 20 most polluted cities in the world are Chinese. Chinese cities
often seem wrapped in a toxic gray shroud. Apparently, only one percent of
the country's 560 million city dwellers breathe air considered safe by the
European Union.

According to the Ministry of Health, the pollution in China
had made cancer the country's leading cause of death. Ambient air pollution
alone is blamed for hundreds of thousands of deaths each year and nearly 500
million people lack access to safe drinking water.

China has many industrial cities where people rarely see the
sun, children are killed or sickened by lead poisoning or other types of
local pollution and the coastline is so swamped by algal red tides that large
sections of the ocean no longer sustain marine life.

According to Mr. Wang Jinan, one of China's leading
environmental researchers, "There is a pressure for change, but many people
refuse to accept that we need a new approach so soon." China's leaders also
recognize that they must change course. They are vowing to embrace a new
development model, which will allow for steady economic and industrial growth
while protecting the environment.

As a result, SDE's sea wave power technology is the perfect
solution to China's problems; it will provide China with a clean and
cost-efficient source of energy, which will minimize the pollution ranks in
the country, and avoid causing harm to the steady economic and industrial
growth of the country.

Currently, the Government has numerical targets for reducing
emissions and conserving energy, and major initiatives are on the way to
develop clean energy sources, like solar, wind and sea wave energy.

The technology of producing electricity from sea waves is
innovative and a leading method worldwide. Pollution and global warming as a
result of fuel usage have taught the world that the largest world resource to
create electricity is sea waves. With this new method, the system has the
highest efficiency in the world and is offered by a very attractive price.
SDE has international patent and also patents pending. To this day, the
company has built 8 sea wave power plant models, which were financed,
checked, and approved by the Israeli Government.

The erection cost of a 1MW S.D.E's power station starts from
US$650,000 while a comparable coal station costs US$1,500,000, a natural gas
station US$900,000 a solar station US$3,000,000 from solar sources, and a
wind station from $1,500,000. In addition, S.D.E's production cost per KW is
only US2 cents, compared to US3 cents from coal, US3.5 cents from natural
gas, US12 cents from solar energy, and US3.6 cents from wind.

The system that S.D.E has developed is able to supply 500
times more than the electricity requirements of the whole world population.

    For further details Please contact Ms. Inna Braverman,
    International Marketing Manager of S.D.E, or Mr. Shmuel Ovadia, CEO,
    Phone number: +972-03-7397107
    Fax Number: +972(0)3-6319239
    E-mail Address: abe@shani.net

For further details Please contact Ms. Inna Braverman, International Marketing Manager of S.D.E, or Mr. Shmuel Ovadia, CEO, Phone number: +972(0)3-7397107, Fax Number: +972(0)3-6319239, E-mail Address: abe at shani.net