Solar Integrated Announces Exercise of Warrants and Conversion of Notes 

London, UK, February 16, 2006 - Solar Integrated Technologies, Inc. (AIM:  SIT.LN), a leading provider of commercial building integrated photovoltaic (BIPV) roofing systems, announced today that, pursuant to the terms of previously issued common stock purchase warrants, Cathay General Bancorp has exercised its warrants to purchase 721,745 shares of Solar Integrated common stock at an exercise price of £1.71 (US$3.06) per share resulting an aggregate proceeds to the Company of £1,234,184 (US$2,208,540).
The Company also announced that, pursuant to the terms of previously issued 6.5% convertible notes due 2010, an investor has converted an aggregate of US $169,600 of notes into 50,000 shares of Solar Integrated common stock at a conversion rate of US $3.392 per share.
After giving effect to the exercise of the warrants to purchase 721,745 shares and the conversion of the notes into 50,000 shares, Solar Integrated has 35,413,700 shares issued and outstanding.  Application has been made for the new common shares, which rank pari passu with the existing common shares, to be admitted to AIM.  Admission to AIM is expected to take place on February 22, 2006.