November 27, 2009 (FinancialWire) — Flex Fuels Energy, Inc. (Flex” or the “Group) (OTCBB: FXFL) announces that it has increased its equity in its majority owned subsidiary, The WDX Organisation, Ltd. (WDX) from 68.33% to 75.66%.

The increase in equity has come about as a result of a further phase of planned investment of GBP 150,000 (approximately $249,840) as contemplated by the Agreements entered into on May 1, 2009.

WDX is a financial algorithm developer based in the city of London. Its first product is the Wocu, a unique derivative that functions as a virtual World Currency quotation to mitigate currency volatility risk. WDX has applied for a U.S. patent for its computer implemented method of evaluating basket currencies such as the Wocu.

Flex has the option to make loans to WDX and receive shares in WDX constituting a minimum of 73% of WDX’s outstanding share capital on a fully diluted basis.

Tom Barr, CEO of Flex, commented: “Flex remains very excited about the prospects for the Wocu and associated WDX products in development. It is our expectation that further announcements regarding progress at WDX will follow.”

About Flex Fuels Energy, Inc.

Flex Fuels is a development Group with technology interests in the UK and mining exploration activities in British Columbia, Canada.

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