Ballard Power Systems Announces 2002 Year End Conference Call.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 12, 2003

Ballard Power Systems (TSX:BLD) (NASDAQ:BLDP) will hold a conference call to discuss our year end results on Wednesday, February 19, 2003 at 7:00 a.m. PST (10:00 a.m. EST).

Access to the call may be obtained by calling the operator at [phone] prior to the scheduled start time. A playback version of the call will be available for 24 hours after the call at [phone]. The confirmation number to access the playback is 234020#. The audio web cast can be accessed on Ballard's web site at www.ballard.com and will be archived for replay for two weeks.

Ballard Power Systems is recognized as the world leader in developing, manufacturing and marketing zero-emission proton exchange membrane (PEM) fuel cells. Ballard is commercializing fuel cell engines for transportation applications and fuel cell systems for portable and stationary products. Ballard is also commercializing electric drives for fuel cell and other electric vehicles, power conversion products, natural gas and hydrogen generator sets and is a Tier 1 automotive supplier of friction materials for power train components. Ballard's proprietary technology is enabling automobile, bus, electrical equipment, portable power and stationary product manufacturers to develop environmentally clean products for sale. Ballard is partnering with strong, world-leading companies, including DaimlerChrysler, Ford, EBARA, ALSTOM and FirstEnergy, to commercialize Ballard (R) fuel cells. Ballard has supplied fuel cells to Honda, Nissan, Volkswagen, Yamaha, Cinergy and Coleman Powermate, among others.

Ballard, the Ballard logo and Power to Change the World are registered trademarks of Ballard Power Systems Inc.