Valcent Products Inc. Announces Completion of US $2 Million Private Placement

VANCOUVER, BRITISH COLUMBIA, May 26, 2009 (MARKETWIRE via COMTEX) --
VCTPF | Quote | Chart | News | PowerRating -- Valcent Products Inc. (the "Company", or "Valcent") (OTCBB: VCTPF)
announces that it has completed the remaining US $1,500,000 of the US
$2,000,000, 10% convertible note private placement funding to a
single subscriber that will convert automatically to 16,000,000 post
consolidation units of securities at the point in time that the
Company achieves a share consolidation at a ratio of 18 current
shares for 1 new share as previously reported on May 15, 2009. Each
unit is comprised of one common share and one-third share purchase
warrant with each whole warrant convertible at US$0.45 per share for
a one year term from the date of conversion.

The funds enable Valcent to effectively move forward with the
commercial global rollout of its VertiCrop(TM) technology, under the
management of Valcent EU, the Company's wholly owned subsidiary based
in the U.K.

About Valcent Products Inc.:

Valcent Products Inc. (OTCBB: VCTPF | Quote | Chart | News | PowerRating) (CUSIP: 918881103) develops
highly innovative consumer and industrial products and processes for
global markets. A pioneer and leader in ecotechnology with its core
research and development in sustainable, renewable, and intense
growth of agricultural products. For more information, visit:
www.valcent.net and www.valcent.eu and visit and contribute to
http://blog.valcent.net/.

Safe Harbor for Forward Looking Statements: This press release
contains forward-looking information, in that it describes events and
conditions, which

Valcent Products, Inc. reasonably expects to occur in the future, and
statements including opinions, assumptions and estimates.
Forward-looking statements include information that does not relate
strictly to historical or current facts. When used in this document,
the words "seeks", "anticipate", "believe", "estimate", "expect",
"forecast", "intent", "may", "project", "plan", "potential", "should"
and similar expressions are intended to be among the statements that
identify forward-looking statements. Forward-looking statements are
not guarantees of future performance and are subject to a wide range
of known and unknown risks and uncertainties, including inability to
complete sales in process or develop positive cash flow from
anticipated product sales, and although the Company believes that the
expectations represented by such forward-looking statements are
reasonable, there can be no assurance that such expectations will be
realized. We have attempted to identify important factors that could
cause actual results, performance or achievements to vary from those
current expectations or estimates expressed or implied by the
forward-looking information. The risks and uncertainties that could
affect future events or the Company's future financial performance
are more fully described in the Company's quarterly reports (on Form
6-K filed in the US and the financial statements and Form 51-102F1
filed in Canada), the Company's annual reports (on Form 20-F filed in
the US and the financial statements and Form 51-102F1 filed in
Canada) and the other recent filings in the US and Canada. These
filings are available at www.sec.gov in the US and www.sedar.com in
Canada. For all such forward-looking statements, we claim the safe
harbour for forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Valcent disclaims
any obligation to update any forward-looking statement made herein.

Contacts:
Valcent Products Inc.
Gerry Jardine
Investor Relations
(800) 877-1626 or (888) 506-7979 or worldwide (604) 630-2941

Valcent Products Inc.
Mike Parker
Investor Relations
(800) 877-1626 or (888) 506-7979 or worldwide (604) 630-2941
info@valcent.net
www.valcent.net / www.valcent.eu

SOURCE: Valcent Products Inc.

mailto:info@valcent.net
http://www.valcent.net
http://www.valcent.eu

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