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        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 5pt"><b><font size="2">As
        filed with the Securities and Exchange Commission on January 2, 2009</font></b></p>

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                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
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                        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Registration No. 333-</font></b></p>
                    </td>
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            </table>
        </div>

        <p style="TEXT-ALIGN: right; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 10pt; MARGIN-BOTTOM: 0pt">
        <b><font size="3">UNITED STATES</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">
        <b><font size="3">SECURITIES AND EXCHANGE COMMISSION</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">
        <b><font size="2">Washington, D.C. 20549</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="4">Form
        S-8</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">
        <b><font size="2">REGISTRATION STATEMENT UNDER</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">THE
        SECURITIES ACT OF 1933</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 10pt; MARGIN-BOTTOM: 0pt">
        <b><font size="4">Ballard Power Systems Inc.</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><font size="2">(Exact
        name of registrant as specified in its charter)</font></p>
        <br>
        <hr align="center" color="black" size="1" width="20%">
        <br>

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                    <td valign="top" width="318">
                        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Canada</font></b><br>
                        <font size="2">(State or other jurisdiction of incorporation or
                        organization)</font></p>
                    </td>

                    <td valign="top" width="306">
                        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Not Applicable</font></b><br>
                        <font size="2">(I.R.S. Employer Identification No.)</font></p>
                    </td>
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            </table>
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        <br>
        <hr align="center" color="black" size="1" width="20%">
        <br>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">9000
        Glenlyon Parkway</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">
        <b><font size="2">Burnaby, British Columbia</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">Canada
        V5J 5J8</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 5pt"><font size="2">(Address
        of Principal Executive Offices)</font></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <br>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. 2002 Share Option Plan</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. 2000 Share Option Plan</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. 1997 Share Option Plan</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. 2003 Share Distribution Plan</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. 2000 Share Distribution Plan</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. Deferred Share Unit Plan for
        Directors</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. Deferred Share Unit Plan for Executive
        Officers</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt">
        <b><font size="2">Ballard Power Systems Inc. Restricted Share Unit Plan</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 3pt"><font size="2">(Full
        title of the plan)</font></p>
        <br>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">DL
        Services Inc.</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">1420
        Fifth Avenue, Suite 3400</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">
        <b><font size="2">Seattle, Washington 98101</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 5pt"><font size="2">(Name and
        address of agent for service)</font></p>
        <br>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt"><b><font size="2">(206)
        903-5448</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 5pt">
        <font size="2">(Telephone number, including area code, of agent for service)</font></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 5pt"><b><font size="2">Copies
        to:</font></b></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <div align="center">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="624">
                <tr>
                    <td valign="top" width="312">
                        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Glenn Kumoi, Esq.</font><br>
                        <font size="2">Ballard Power Systems Inc.</font><br>
                        <font size="2">9000 Glenlyon Parkway</font><br>
                        <font size="2">Burnaby, British Columbia</font><br>
                        <font size="2">Canada V5J 5J8</font><br>
                        <font size="2">(604) 454-0900</font></p>
                    </td>

                    <td valign="top" width="312">
                        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Randal R. Jones</font><br>
                        <font size="2">Dorsey &amp; Whitney LLP</font><br>
                        <font size="2">1420 Fifth Avenue, Suite 3400</font><br>
                        <font size="2">Seattle, Washington 98101</font><br>
                        <font size="2">(206) 903-8800</font></p>
                    </td>
                </tr>
            </table>
        </div>
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                <td width="50%"><font size="2" face="Times New Roman, Times, Serif">Large
                accelerated filer &nbsp;&nbsp;</font> <font face="Wingdings">o</font><br>
                <font size="2" face="Times New Roman, Times, Serif">Non-accelerated filer
                &nbsp;&nbsp;&nbsp;</font> <font face="Wingdings">o</font> <font size="2">(do not
                check if a smaller reporting company)</font></td>

                <td width="50%"><font size="2" face="Times New Roman, Times, Serif">Accelerated
                filer &nbsp;&nbsp;</font> <font face="Wingdings">x</font><br>
                <font size="2" face="Times New Roman, Times, Serif">Smaller reporting
                company</font> <font face="Wingdings">o</font></td>
            </tr>
        </table>
        <br>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 5pt">
        <b><font size="2">CALCULATION OF REGISTRATION FEE</font></b></p>

        <div align="center">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="636">
                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid" valign="bottom" width="168">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 1pt" align="center">
                        <b><font size="1">Title of securities to be registered</font></b></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid" valign="bottom" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 1pt" align="center">
                        <b><font size="1">Amount to</font></b><br>
                        <b><font size="1">be registered<sup>(1)</sup></font></b></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid" valign="bottom" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 1pt" align="center">
                        <b><font size="1">Proposed</font></b><br>
                        <b><font size="1">maximum offering</font></b><br>
                        <b><font size="1">price per share<sup>(2)</sup></font></b></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid" valign="bottom" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 1pt" align="center">
                        <b><font size="1">Proposed</font></b><br>
                        <b><font size="1">maximum aggregate offering
                        price<sup>(2)</sup></font></b></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: black 1pt solid; BORDER-RIGHT: black 1pt solid" valign="bottom" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 1pt" align="center">
                        <b><font size="1">Amount of</font></b><br>
                        <b><font size="1">registration fee</font></b></p>
                    </td>
                </tr>

                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="168">
                        <p style="MARGIN-BOTTOM: 0in"><font size="1">Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2002 Share Option
                        Plan</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">2,750,000</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $6.89</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $18,949,139</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $745</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="168">
                        <p style="MARGIN-BOTTOM: 0in"><font size="1">Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2000 Share Option
                        Plan</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">3,469,839</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $21.42</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $74,340,567</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $2,922</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="168">
                        <p style="MARGIN-BOTTOM: 0in"><font size="1">Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 1997 Share Option
                        Plan</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">814,722</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $60.96</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $49,666,012</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $1,952</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="168">
                        <p style="MARGIN-BOTTOM: 0in"><font size="1">Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2003 Share Distribution
                        Plan</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">7,050,000</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $1.65</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $11,632,500</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $457</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="168">
                        <p style="MARGIN-BOTTOM: 0in"><font size="1">Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2000 Share Distribution
                        Plan</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">500,000</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $1.65</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $825,000</font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1">U.S. $32</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: black 1pt solid; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="168">
                        <p style="MARGIN-BOTTOM: 0in"><b><font size="1">Total</font></b></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <b><font size="1">14,584,561</font></b></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">&nbsp;</p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1"><strong>U.S. $155,413,218</strong></font></p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; BORDER-LEFT: medium none; BORDER-TOP: medium none; BORDER-RIGHT: black 1pt solid" width="117">
                        <p style="TEXT-ALIGN: center; MARGIN-BOTTOM: 0in" align="center">
                        <font size="1"><strong>U.S. $6,108</strong></font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 5pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="1">(1)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 5pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="1">Based on the maximum number of common shares that may be
                        allotted for issuance under the Ballard Power Systems Inc. 2003 Share
                        Distribution Plan, 2000 Share Distribution Plan, 2002 Share Option Plan,
                        2000 Share Option Plan and 1997 Share Option Plan. This amount includes the
                        common shares underlying the deferred share units issued or to be issued
                        under both the Ballard Power Systems Inc. Deferred Share Unit Plan for
                        Directors and Deferred Share Unit Plan for Executive Officers, as well as
                        the common shares underlying the restricted share units issued or to be
                        issued under the Ballard Power Systems Inc. Restricted Share Unit Plan.
                        This registration statement also covers additional common shares of the
                        registrant which may become issuable under the plans and employment
                        agreements listed above by reason of any stock dividend, stock split,
                        recapitalization or other similar transaction effected without receipt of
                        consideration which results in an increase in the number of the
                        registrant&rsquo;s outstanding common shares.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 5pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="24">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="1">(2)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 5pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="1">Estimated solely for the purpose of calculating the
                        registration fee in accordance with Rule 457(h)(1) and 457(c). The proposed
                        maximum aggregate offering price is based upon (a) the exercise prices for
                        outstanding options under the 2002 Share Option Plan, 2000 Share Option
                        Plan and 1997 Share Option Plan, and (b) the average of the high and low
                        prices of the common shares reported on the Nasdaq Global Market on
                        December 29, 2008 for common shares reserved for future option issuances
                        under the 2002 Share Option Plan and 2000 Share Option Plan, and for common
                        shares underlying deferred share units and restricted share units pursuant
                        to the 2003 Share Distribution Plan and 2000 Share Distribution
                        Plan.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: -0.25in; MARGIN-BOTTOM: 5pt; MARGIN-LEFT: 0.25in">
        </p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt"><b><font size="2">PART
        I</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt">
        <b><font size="2">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</font></b></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">The document(s) containing the information specified in this Part I of Form
        S-8 will be sent or given to employees as specified by Rule 428(b)(1) under the Securities
        Act of 1933, as amended (the &ldquo;Securities Act&rdquo;). In accordance with the rules
        and regulations of the Securities and Exchange Commission (the &ldquo;SEC&rdquo;) and the
        Note to Part I of Form S-8, the document(s) containing the information specified in this
        Part I of Form S-8 are not being filed with the SEC either as part of this registration
        statement filed on Form S-8 (the &ldquo;Registration Statement&rdquo;) or as prospectuses
        or prospectus supplements pursuant to Rule 424 under the Securities Act. The document(s)
        containing the information specified in this Part I of Form S-8 and the documents
        incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of
        Form S-8, taken together, constitute a prospectus that meets the requirements of Section
        10(a) of the Securities Act.</font></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <br>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-2</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <b><font size="2">PART II</font></b></p>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt">
        <b><font size="2">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></b></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="307">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Item 3.</font></b></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="259" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Incorporation of Documents by Reference</font></b></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">The following documents previously filed by Ballard Power Systems Inc. (the
        &ldquo;Registrant&rdquo;) with the SEC are incorporated in this Registration Statement by
        reference and shall be deemed a part hereof:</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">1.</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">The Registrant&rsquo;s Annual Report on Form 40-F for the
                        fiscal year ended December 31, 2007 filed on March 14, 2008.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">2.</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">All other reports filed by the Registrant under Section
                        13(a) or 15(d) of the Securities and Exchange Act of 1934, as amended (the
                        &ldquo;Exchange Act&rdquo;) since December 31, 2007.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">3.</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">The description of the Registrant&rsquo;s Common Shares
                        contained in the Registrant&rsquo;s registration statement on Form F-10 as
                        filed with the SEC on December 11, 2002, including any amendment or report
                        filed for the purpose of updating such description.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">In addition, all documents filed by the Registrant under Section 13(a),
        13(c), 14 or 15(d) of the Exchange Act after the date of this Registration Statement and
        prior to the filing of a post-effective amendment which indicates that all securities being
        offered have been sold or which deregisters all securities then remaining unsold, shall be
        deemed to be incorporated by reference in and to be part of this Registration Statement
        from the filing date of each such document.</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="208">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Item 4.</font></b></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="160" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Description of Securities</font></b></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">Not Applicable.</font></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt"><b><font size="2">Item 5.
        Interests of Named Experts and Counsel</font></b></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">None.</font></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt"><b><font size="2">Item 6.
        Indemnification of Directors and Officers</font></b></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">Under the Canada Business Corporations Act (the &ldquo;CBCA&rdquo;), the
        Registrant may indemnify a present or former director or officer of the Registrant or
        another individual who acts or acted at the Registrant&rsquo;s request as a director or
        officer or an individual acting in a similar capacity, of another entity, against all
        costs, charges and expenses, including an amount paid to settle an action or satisfy a
        judgment, reasonably incurred by such individual in respect of any civil, criminal,
        administrative or investigative action, suit or proceeding (a
        &ldquo;Proceeding&rdquo;)&nbsp;in which such individual is involved by reason of such
        individual&rsquo;s association with the Registrant or other entity and provided that such
        individual acted honestly and in good faith with a view to the best interests of the
        Registrant or, as the case may be, to the best interests of the other entity for which the
        individual acted as director or officer or in a similar capacity at the Registrant&rsquo;s
        request and, in the case of a criminal or administrative action or proceeding that is
        enforced by a monetary penalty, had reasonable grounds for believing that such
        individual&rsquo;s conduct was lawful. The indemnification may be made in connection with a
        derivative action only with court approval. Any of the individuals described in the first
        sentence of this paragraph is entitled to indemnification from the Registrant as a matter
        of right if he or she was substantially successful on the merits and fulfilled the
        conditions set forth above.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 10pt">
        <font size="2">The Registrant&nbsp;is a party to&nbsp;an indemnity agreement with each
        director and officer of the Registrant providing that if such director or officer is or was
        involved in any threatened, pending or completed Proceeding by reason of the fact that such
        director or officer is or was a director or officer of the Registrant or is or was serving
        at the request of the Registrant as a director or officer of another entity, including
        service with respect to employee benefit plans, whether the basis of such Proceeding is an
        alleged action in an official capacity while serving as a director or officer, such
        director or&nbsp;officer will be indemnified and held harmless by the Registrant to the
        fullest extent authorized by and in the manner set forth in the CBCA against</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-3</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt"><font size="2">all
        expense, liability and loss reasonably incurred or suffered by such director
        or&nbsp;officer in connection therewith. Under such indemnity agreements, the Registrant
        may indemnify any of its directors or&nbsp;officers in connection with a Proceeding (or
        part thereof) initiated by such director or&nbsp;officer only if such Proceeding (or part
        thereof) is authorized by the board of directors of the Registrant or if such Proceeding is
        a successful Proceeding, in whole or in part, by a director or&nbsp;officer for claims
        under an indemnity agreement.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 10pt">
        <font size="2">The CBCA provides that the Registrant may purchase and maintain insurance
        for the benefit of any of the individuals described in the first sentence of the first
        paragraph of this Item 6 against any liability incurred by such individual in such
        individual&rsquo;s capacity as a director or officer of the Registrant or as a director or
        officer, or similar capacity, of another entity at the Registrant&rsquo;s
        request.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 10pt">
        <font size="2">The Registrant maintains directors&rsquo; and officers&rsquo; liability
        insurance. The policies insure (a) the directors and officers of the Registrant against
        losses arising from claims against them for certain of their actual or alleged wrongful
        acts (as defined within the insurance policy), (b) the Registrant for payments made
        pursuant to the Registrant&rsquo;s indemnification of its directors and officers and (c)
        the Registrant when it is directly named in a securities claim. The policies provide a
        maximum coverage in any one policy year of U.S.&nbsp;$40 million in annual claims (subject
        to deductibles of U.S. $200,000 to U.S.&nbsp;$500,000 per claim, payable by the
        Registrant). The annual premium in the current policy year was U.S.&nbsp;$556,500. The
        premiums for the policies were not allocated between directors and officers as separate
        groups.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 10pt">
        <font size="2">By-law No. 1 of the Registrant provides that, except as otherwise provided
        in the CBCA, no director or officer will be liable for:</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN-BOTTOM: 6pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(a)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">the acts, receipts, neglects or defaults of any other
                        person, or for joining in a receipt or act for conformity;</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN-BOTTOM: 6pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(b)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">a loss, damage or expense happening to the Registrant
                        through the insufficiency or deficiency of title to property acquired by,
                        for, or on behalf of the Registrant;</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN-BOTTOM: 6pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(c)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">the insufficiency or deficiency of a security in or upon
                        which moneys of the Registrant are invested;</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN-BOTTOM: 6pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(d)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 6pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">a loss or damage arising from the bankruptcy, insolvency or
                        wrongful act of a person with whom money, security or other property of the
                        Registrant is lodged or deposited; or</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0in">&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(e)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">any other loss, damage, or misfortune that may arise out of
                        the execution of the duties of a director or in relation
                        thereto.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="285">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Item 7.</font></b></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="237" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Exemption from Registration Claimed</font></b></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 10pt">
        <font size="2">Not Applicable.</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="115">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Item 8.</font></b></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="67" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Exhibits</font></b></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 10pt">
        <font size="2">The following exhibits are filed as part of this Registration
        Statement:</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="638">
                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><b><font size="2">Exhibit
                        No.</font></b></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p style="TEXT-ALIGN: center; MARGIN-TOP: 1pt" align="center">&nbsp;</p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: center" align="center">
                        <b><font size="2">Description</font></b></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Articles of Incorporation of
                        the Registrant.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.2</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">By-law No. 1 of the
                        Registrant.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.3</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2002 Share Option Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.4</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2000 Share Option Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.5</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        1997 Share Option Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.6</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2003 Share Distribution Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.7</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2000 Share Distribution Plan.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-4</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="638">
                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center; TEXT-INDENT: 2.75pt" align="center">
                        <font size="2">4.8</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Directors.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center; TEXT-INDENT: 2.75pt" align="center">
                        <font size="2">4.9</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Executive Officers.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.10</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        Restricted Share Unit Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center; TEXT-INDENT: 2.75pt" align="center">
                        <font size="2">5.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Opinion of Stikeman Elliott
                        LLP.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">23.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Consent of KPMG
                        LLP.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">23.2</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Consent of Stikeman Elliott
                        LLP (contained in Exhibit 5.1).</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">24.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Power of Attorney (included
                        as part of the signature pages to this Registration Statement).</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center">&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify">&nbsp;</p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: -0.5in; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.5in">
        &nbsp;</p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Item 9.</font></b></p>
                    </td>

                    <td style="PADDING-BOTTOM: 12pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <b><font size="2">Undertakings</font></b></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(a)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">The undersigned Registrant hereby undertakes:</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 10pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(1)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">To file, during any period in which offers or sales are
                        being made, a post-effective amendment to this registration
                        statement:</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="96">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 10pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(i)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">To include any prospectus required by Section 10(a)(3) of
                        the Securities Act of 1933;</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="96">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 10pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(ii)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">To reflect in the prospectus any facts or events arising
                        after the effective date of the registration statement (or the most recent
                        post-effective amendment thereof) which, individually or in the aggregate,
                        represent a fundamental change in the information set forth in the
                        registration statement. Notwithstanding the foregoing, any increase or
                        decrease in volume of securities offered (if the total dollar value of
                        securities offered would not exceed that which was registered) and any
                        deviation from the low or high end of the estimated maximum offering range
                        may be reflected in the form of prospectus filed with the Commission
                        pursuant to Rule 424(b) if, in the aggregate, the changes in volume and
                        price represent no more than a 20% change in the maximum aggregate offering
                        price set forth in the &ldquo;Calculation of Registration Fee&rdquo; table
                        in the effective registration statement;</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="96">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 10pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(iii)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">To include any material information with respect to the plan
                        of distribution not previously disclosed in the registration statement or
                        any material change to such information in the registration
                        statement;</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt">
        <i><font size="2">Provided, however,</font></i> <font size="2">that paragraphs (a)(1)(i)
        and (a)(1)(ii) do not apply if the information required to be included in a post-effective
        amendment by those paragraphs is contained in reports filed with or furnished to the
        Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act
        that are incorporated by reference in this registration statement.</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 10pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(2)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">That for the purpose of determining any liability under the
                        Securities Act, each such post-effective amendment shall be deemed to be a
                        new registration statement relating to the securities offered therein, and
                        the offering of such securities at that time shall be deemed to be the
                        initial</font> <i><font size="2">bona fide</font></i>
                        <font size="2">offering thereof.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 10pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(3)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">To remove from registration by means of a post-effective
                        amendment any of the securities being registered which remain unsold at the
                        termination of the offering.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-5</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>
        <br>
        <br>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(b)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">The undersigned Registrant hereby undertakes that, for
                        purposes of determining any liability under the Securities Act, each filing
                        of the Registrant&rsquo;s annual report pursuant to Section 13(a) or
                        Section 15(d) of the Exchange Act, (and, where applicable, each filing of
                        an employee benefit plan&rsquo;s annual report pursuant to Section 15(d) of
                        the Exchange Act) that is incorporated by reference in the registration
                        statement shall be deemed to be a new registration statement relating to
                        the securities offered therein, and the offering of such securities at that
                        time shall be deemed to be the initial</font> <i><font size="2">bona
                        fide</font></i> <font size="2">offering thereof.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">(h)</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Insofar as indemnification for liabilities arising under the
                        Securities Act may be permitted to directors, officers and controlling
                        persons of the Registrant pursuant to the foregoing provisions, or
                        otherwise, the Registrant has been advised that in the opinion of the
                        Commission such indemnification is against public policy as expressed in
                        the Securities Act and is, therefore, unenforceable. In the event that a
                        claim for indemnification against such liabilities (other than the payment
                        by the Registrant of expenses incurred or paid by a director, officer or
                        controlling person of the Registrant in the successful defense of any
                        action, suit or proceeding) is asserted by such director, officer or
                        controlling person in connection with the securities being registered, the
                        Registrant will, unless in the opinion of its counsel the matter has been
                        settled by controlling precedent, submit to a court of appropriate
                        jurisdiction the question of whether such indemnification by it is against
                        public policy as expressed in the Securities Act and will be governed by
                        the final adjudication of such issue.</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <br>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-6</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt">
        <b><font size="2">SIGNATURES</font></b></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 10pt">
        <font size="2">Pursuant to the requirements of the Securities Act of 1933, the Registrant
        certifies that it has reasonable grounds to believe that it meets all of the requirements
        for filing on Form S-8 and has duly caused this Registration Statement to be signed on its
        behalf by the undersigned, thereunto duly authorized, in the city of Burnaby, British
        Columbia, Canada on this&nbsp;2nd day of January, 2009.</font></p>
        <br>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 3.5in">
        <b><font size="2">BALLARD POWER SYSTEMS INC.</font></b></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 3.5in">
        &nbsp;</p>
        <br>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 3.5in">
        <font size="2">By:&nbsp;&nbsp; /s/ John Sheridan<br>
        _____________________________________</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="493">
                <tr>
                    <td valign="top" width="355" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td valign="top" width="43" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Name:</font></p>
                    </td>

                    <td valign="top" width="96" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">John Sheridan</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="354">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0in; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 10pt; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="42">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Title:</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 10pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">President, Chief Executive Officer and Director</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 20pt; MARGIN-BOTTOM: 10pt">
        <b><font size="2">POWER OF ATTORNEY</font></b></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">Each of the Registrant and each director or officer of the Registrant whose
        individual signature appears below hereby appoints John Sheridan and David
        Smith</font><b><font size="2">,</font></b> <font size="2">and each of them, any of whom may
        act without the joinder of the others, as the true and lawful attorney-in-fact and agent of
        the undersigned, in any and all capacities, with full power of substitution, to sign any
        and all amendments to this Registration Statement (including post-effective amendments),
        and, in connection with any registration of additional securities, to sign any abbreviated
        registration statement and any and all amendments thereto, and to file the same with
        exhibits thereto and other documents in connection therewith, with the Securities and
        Exchange Commission, granting unto said attorneys-in-fact, and each of them, full power and
        authority to do and perform each and every act and thing requisite and necessary to be
        done, as fully to all intents and purposes as the undersigned might or could do in person,
        hereby ratifying and confirming all that each said attorney-in-fact and agent, or his
        substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</font></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">Pursuant to the requirements of the Securities Act of 1933, this
        Registration Statement has been signed by the following persons in the capacities and on
        the dates indicated.</font></p>

        <div align="center">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="624">
                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <u><b><font size="2">Signature</font></b></u></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <u><b><font size="2">Title</font></b></u></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0.5in">
                        <u><b><font size="2">Date</font></b></u></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ John Sheridan<br>
                        ______________________________<br>
                        John Sheridan</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">President, Chief Executive Officer and Director (principal
                        executive officer)</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ David Smith<br>
                        ______________________________<br>
                        David Smith</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Vice President and Chief Financial Officer (principal
                        financial and accounting officer)</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ Ian A. Bourne<br>
                        ______________________________<br>
                        Ian A. Bourne</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Chairman of the Board</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ Ed Kilroy<br>
                        ______________________________<br>
                        Ed Kilroy</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Director</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-7</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <div align="center">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="624">
                <tr>
                    <td>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <u><b><font size="2">Signature</font></b></u></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <u><b><font size="2">Title</font></b></u></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0.5in">
                        <u><b><font size="2">Date</font></b></u></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ Dr.&nbsp;Chong Sup (C.S.) Park<br>
                        ______________________________<br>
                        Dr.&nbsp;Chong Sup (C.S.) Park</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Director</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ Dr.&nbsp;Gerri Sinclair<br>
                        ______________________________<br>
                        Dr.&nbsp;Gerri Sinclair</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Director</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ David J. Smith<br>
                        ______________________________<br>
                        David J. Smith</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Director</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ David B. Sutcliffe<br>
                        ______________________________<br>
                        David B. Sutcliffe</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Director</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/ Mark Suwyn<br>
                        ______________________________<br>
                        Mark Suwyn</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Director</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, 2009</font></p>
                    </td>
                </tr>

                <tr>
                    <td valign="top" width="282">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 12pt; TEXT-INDENT: 180.75pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <br>
                        <font size="2">/s/_Douglas W.G. Whitehead<br>
                        _____________________________<br>
                        Douglas W.G. Whitehead</font></p>
                    </td>

                    <td valign="top" width="188">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">Director</font></p>
                    </td>

                    <td valign="top" width="154">
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 16.15pt">
                        <font size="2">January 2, &nbsp;2009</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-8</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt">
        <b><font size="2">AUTHORIZED REPRESENTATIVE</font></b></p>

        <p style="TEXT-ALIGN: justify; MARGIN-TOP: 0pt; TEXT-INDENT: 0.5in; MARGIN-BOTTOM: 12pt">
        <font size="2">Pursuant to the requirements of Section&nbsp;6(a) of the Securities Act of
        1933, the undersigned has signed this Registration Statement, solely in the capacity of the
        duly authorized representative of the Registrant in the United States on this 2nd day of
        January, 2009.</font></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%">
                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 24pt" valign="top" width="50%" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 24pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0pt">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 24pt" valign="top" width="50%" nowrap>
                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">By: &nbsp;&nbsp;/s/ William Foulds</font></p>

                        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; TEXT-INDENT: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt">
                        <font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;_______________________________<br>

                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;William Foulds<br>
                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice-President,
                        Sales</font></p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 5in"></p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <br>
        <br>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-9</font></p>
        <br>
        <br>

        <div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px; FONT-SIZE: 1pt" title="EE+ Page Break">
            <hr align="center" size="2" width="100%" noshade>
        </div>

        <p style="TEXT-ALIGN: center; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 10pt"><b><font size="2">INDEX
        TO EXHIBITS</font></b></p>

        <div align="left">
            <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="638">
                <tr>
                    <td style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><b><font size="2">Exhibit
                        No.</font></b></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p style="TEXT-ALIGN: center; MARGIN-TOP: 1pt" align="center">&nbsp;</p>
                    </td>

                    <td style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: center" align="center">
                        <b><font size="2">Description</font></b></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Articles of Incorporation of
                        the Registrant.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.2</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">By-law No. 1 of the
                        Registrant.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.3</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2002 Share Option Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.4</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2000 Share Option Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.5</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        1997 Share Option Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.6</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2003 Share Distribution Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.7</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        2000 Share Distribution Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.8</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Directors.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.9</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Executive Officers.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">4.10</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Ballard Power Systems Inc.
                        Restricted Share Unit Plan.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">5.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Opinion of Stikeman Elliott
                        LLP.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">23.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Consent of KPMG
                        LLP.</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">23.2</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Consent of Stikeman Elliott
                        LLP (contained in Exhibit 5.1).</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center"><font size="2">24.1</font></p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify"><font size="2">Power of Attorney (included
                        as part of the signature pages to this Registration Statement).</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="80">
                        <p style="TEXT-ALIGN: center" align="center">&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="18">
                        <p>&nbsp;</p>
                    </td>

                    <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" valign="top" width="540">
                        <p style="TEXT-ALIGN: justify">&nbsp;</p>
                    </td>
                </tr>
            </table>
        </div>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
        <!-- MARKER FORMAT-SHEET="Para Default" FSL="Default" -->

        <p align="center"><font size="2" face="Times New Roman, Times, Serif">II-10</font></p>
        <br>
        <br>

        <p style="TEXT-ALIGN: left; MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt">&nbsp;</p>
    </body>
</html>
[{"type": "S-8", "sequence": "1", "filename": "bp_s8-jan2009.htm", "secsgml_size_bytes": 119105}]
{"company-data": {"conformed-name": "7076991 Canada Inc.", "cik": "0001453015", "assigned-sic": "3620", "irs-number": "000000000"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-156553", "film-number": "09501379"}, "business-address": {"street1": "9000 GLENLYON PARKWAY", "city": "BURNABY", "state": "A1", "zip": "V5J 5J8", "phone": "206-903-8850"}, "mail-address": {"street1": "9000 GLENLYON PARKWAY", "city": "BURNABY", "state": "A1", "zip": "V5J 5J8"}}
As
        filed with the Securities and Exchange Commission on January 2, 2009
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
        S-8
REGISTRATION STATEMENT UNDER
THE
        SECURITIES ACT OF 1933
Ballard Power Systems Inc.
(Exact
        name of registrant as specified in its charter)
Canada
(State or other jurisdiction of incorporation or
                        organization)
Not Applicable
(I.R.S. Employer Identification No.)
9000
        Glenlyon Parkway
Burnaby, British Columbia
Canada
        V5J 5J8
(Address
        of Principal Executive Offices)
Ballard Power Systems Inc. 2002 Share Option Plan
Ballard Power Systems Inc. 2000 Share Option Plan
Ballard Power Systems Inc. 1997 Share Option Plan
Ballard Power Systems Inc. 2003 Share Distribution Plan
Ballard Power Systems Inc. 2000 Share Distribution Plan
Ballard Power Systems Inc. Deferred Share Unit Plan for
        Directors
Ballard Power Systems Inc. Deferred Share Unit Plan for Executive
        Officers
Ballard Power Systems Inc. Restricted Share Unit Plan
(Full
        title of the plan)
DL
        Services Inc.
1420
        Fifth Avenue, Suite 3400
Seattle, Washington 98101
(Name and
        address of agent for service)
(206)
        903-5448
(Telephone number, including area code, of agent for service)
Copies
        to:
Glenn Kumoi, Esq.
Ballard Power Systems Inc.
9000 Glenlyon Parkway
Burnaby, British Columbia
Canada V5J 5J8
(604) 454-0900
Randal R. Jones
Dorsey & Whitney LLP
1420 Fifth Avenue, Suite 3400
Seattle, Washington 98101
(206) 903-8800
Large
                accelerated filer
o
Non-accelerated filer
o
(do not
                check if a smaller reporting company)
Accelerated
                filer
x
Smaller reporting
                company
o
CALCULATION OF REGISTRATION FEE
Title of securities to be registered
Amount to
be registered
(1)
Proposed
maximum offering
price per share
(2)
Proposed
maximum aggregate offering
                        price
(2)
Amount of
registration fee
Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2002 Share Option
                        Plan
2,750,000
U.S. $6.89
U.S. $18,949,139
U.S. $745
Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2000 Share Option
                        Plan
3,469,839
U.S. $21.42
U.S. $74,340,567
U.S. $2,922
Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 1997 Share Option
                        Plan
814,722
U.S. $60.96
U.S. $49,666,012
U.S. $1,952
Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2003 Share Distribution
                        Plan
7,050,000
U.S. $1.65
U.S. $11,632,500
U.S. $457
Common Shares reserved for
                        issuance pursuant to Ballard Power Systems Inc. 2000 Share Distribution
                        Plan
500,000
U.S. $1.65
U.S. $825,000
U.S. $32
Total
14,584,561
U.S. $155,413,218
U.S. $6,108
(1)
Based on the maximum number of common shares that may be
                        allotted for issuance under the Ballard Power Systems Inc. 2003 Share
                        Distribution Plan, 2000 Share Distribution Plan, 2002 Share Option Plan,
                        2000 Share Option Plan and 1997 Share Option Plan. This amount includes the
                        common shares underlying the deferred share units issued or to be issued
                        under both the Ballard Power Systems Inc. Deferred Share Unit Plan for
                        Directors and Deferred Share Unit Plan for Executive Officers, as well as
                        the common shares underlying the restricted share units issued or to be
                        issued under the Ballard Power Systems Inc. Restricted Share Unit Plan.
                        This registration statement also covers additional common shares of the
                        registrant which may become issuable under the plans and employment
                        agreements listed above by reason of any stock dividend, stock split,
                        recapitalization or other similar transaction effected without receipt of
                        consideration which results in an increase in the number of the
                        registrant's outstanding common shares.
(2)
Estimated solely for the purpose of calculating the
                        registration fee in accordance with Rule 457(h)(1) and 457(c). The proposed
                        maximum aggregate offering price is based upon (a) the exercise prices for
                        outstanding options under the 2002 Share Option Plan, 2000 Share Option
                        Plan and 1997 Share Option Plan, and (b) the average of the high and low
                        prices of the common shares reported on the Nasdaq Global Market on
                        December 29, 2008 for common shares reserved for future option issuances
                        under the 2002 Share Option Plan and 2000 Share Option Plan, and for common
                        shares underlying deferred share units and restricted share units pursuant
                        to the 2003 Share Distribution Plan and 2000 Share Distribution
                        Plan.
PART
        I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The document(s) containing the information specified in this Part I of Form
        S-8 will be sent or given to employees as specified by Rule 428(b)(1) under the Securities
        Act of 1933, as amended (the "Securities Act"). In accordance with the rules
        and regulations of the Securities and Exchange Commission (the "SEC") and the
        Note to Part I of Form S-8, the document(s) containing the information specified in this
        Part I of Form S-8 are not being filed with the SEC either as part of this registration
        statement filed on Form S-8 (the "Registration Statement") or as prospectuses
        or prospectus supplements pursuant to Rule 424 under the Securities Act. The document(s)
        containing the information specified in this Part I of Form S-8 and the documents
        incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of
        Form S-8, taken together, constitute a prospectus that meets the requirements of Section
        10(a) of the Securities Act.
II-2
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference
The following documents previously filed by Ballard Power Systems Inc. (the
        "Registrant") with the SEC are incorporated in this Registration Statement by
        reference and shall be deemed a part hereof:
1.
The Registrant's Annual Report on Form 40-F for the
                        fiscal year ended December 31, 2007 filed on March 14, 2008.
2.
All other reports filed by the Registrant under Section
                        13(a) or 15(d) of the Securities and Exchange Act of 1934, as amended (the
                        "Exchange Act") since December 31, 2007.
3.
The description of the Registrant's Common Shares
                        contained in the Registrant's registration statement on Form F-10 as
                        filed with the SEC on December 11, 2002, including any amendment or report
                        filed for the purpose of updating such description.
In addition, all documents filed by the Registrant under Section 13(a),
        13(c), 14 or 15(d) of the Exchange Act after the date of this Registration Statement and
        prior to the filing of a post-effective amendment which indicates that all securities being
        offered have been sold or which deregisters all securities then remaining unsold, shall be
        deemed to be incorporated by reference in and to be part of this Registration Statement
        from the filing date of each such document.
Item 4.
Description of Securities
Not Applicable.
Item 5.
        Interests of Named Experts and Counsel
None.
Item 6.
        Indemnification of Directors and Officers
Under the Canada Business Corporations Act (the "CBCA"), the
        Registrant may indemnify a present or former director or officer of the Registrant or
        another individual who acts or acted at the Registrant's request as a director or
        officer or an individual acting in a similar capacity, of another entity, against all
        costs, charges and expenses, including an amount paid to settle an action or satisfy a
        judgment, reasonably incurred by such individual in respect of any civil, criminal,
        administrative or investigative action, suit or proceeding (a
        "Proceeding") in which such individual is involved by reason of such
        individual's association with the Registrant or other entity and provided that such
        individual acted honestly and in good faith with a view to the best interests of the
        Registrant or, as the case may be, to the best interests of the other entity for which the
        individual acted as director or officer or in a similar capacity at the Registrant's
        request and, in the case of a criminal or administrative action or proceeding that is
        enforced by a monetary penalty, had reasonable grounds for believing that such
        individual's conduct was lawful. The indemnification may be made in connection with a
        derivative action only with court approval. Any of the individuals described in the first
        sentence of this paragraph is entitled to indemnification from the Registrant as a matter
        of right if he or she was substantially successful on the merits and fulfilled the
        conditions set forth above.
The Registrant is a party to an indemnity agreement with each
        director and officer of the Registrant providing that if such director or officer is or was
        involved in any threatened, pending or completed Proceeding by reason of the fact that such
        director or officer is or was a director or officer of the Registrant or is or was serving
        at the request of the Registrant as a director or officer of another entity, including
        service with respect to employee benefit plans, whether the basis of such Proceeding is an
        alleged action in an official capacity while serving as a director or officer, such
        director or officer will be indemnified and held harmless by the Registrant to the
        fullest extent authorized by and in the manner set forth in the CBCA against
II-3
all
        expense, liability and loss reasonably incurred or suffered by such director
        or officer in connection therewith. Under such indemnity agreements, the Registrant
        may indemnify any of its directors or officers in connection with a Proceeding (or
        part thereof) initiated by such director or officer only if such Proceeding (or part
        thereof) is authorized by the board of directors of the Registrant or if such Proceeding is
        a successful Proceeding, in whole or in part, by a director or officer for claims
        under an indemnity agreement.
The CBCA provides that the Registrant may purchase and maintain insurance
        for the benefit of any of the individuals described in the first sentence of the first
        paragraph of this Item 6 against any liability incurred by such individual in such
        individual's capacity as a director or officer of the Registrant or as a director or
        officer, or similar capacity, of another entity at the Registrant's
        request.
The Registrant maintains directors' and officers' liability
        insurance. The policies insure (a) the directors and officers of the Registrant against
        losses arising from claims against them for certain of their actual or alleged wrongful
        acts (as defined within the insurance policy), (b) the Registrant for payments made
        pursuant to the Registrant's indemnification of its directors and officers and (c)
        the Registrant when it is directly named in a securities claim. The policies provide a
        maximum coverage in any one policy year of U.S. $40 million in annual claims (subject
        to deductibles of U.S. $200,000 to U.S. $500,000 per claim, payable by the
        Registrant). The annual premium in the current policy year was U.S. $556,500. The
        premiums for the policies were not allocated between directors and officers as separate
        groups.
By-law No. 1 of the Registrant provides that, except as otherwise provided
        in the CBCA, no director or officer will be liable for:
(a)
the acts, receipts, neglects or defaults of any other
                        person, or for joining in a receipt or act for conformity;
(b)
a loss, damage or expense happening to the Registrant
                        through the insufficiency or deficiency of title to property acquired by,
                        for, or on behalf of the Registrant;
(c)
the insufficiency or deficiency of a security in or upon
                        which moneys of the Registrant are invested;
(d)
a loss or damage arising from the bankruptcy, insolvency or
                        wrongful act of a person with whom money, security or other property of the
                        Registrant is lodged or deposited; or
(e)
any other loss, damage, or misfortune that may arise out of
                        the execution of the duties of a director or in relation
                        thereto.
Item 7.
Exemption from Registration Claimed
Not Applicable.
Item 8.
Exhibits
The following exhibits are filed as part of this Registration
        Statement:
Exhibit
                        No.
Description
4.1
Articles of Incorporation of
                        the Registrant.
4.2
By-law No. 1 of the
                        Registrant.
4.3
Ballard Power Systems Inc.
                        2002 Share Option Plan.
4.4
Ballard Power Systems Inc.
                        2000 Share Option Plan.
4.5
Ballard Power Systems Inc.
                        1997 Share Option Plan.
4.6
Ballard Power Systems Inc.
                        2003 Share Distribution Plan.
4.7
Ballard Power Systems Inc.
                        2000 Share Distribution Plan.
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4.8
Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Directors.
4.9
Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Executive Officers.
4.10
Ballard Power Systems Inc.
                        Restricted Share Unit Plan.
5.1
Opinion of Stikeman Elliott
                        LLP.
23.1
Consent of KPMG
                        LLP.
23.2
Consent of Stikeman Elliott
                        LLP (contained in Exhibit 5.1).
24.1
Power of Attorney (included
                        as part of the signature pages to this Registration Statement).
Item 9.
Undertakings
(a)
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are
                        being made, a post-effective amendment to this registration
                        statement:
(i)
To include any prospectus required by Section 10(a)(3) of
                        the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising
                        after the effective date of the registration statement (or the most recent
                        post-effective amendment thereof) which, individually or in the aggregate,
                        represent a fundamental change in the information set forth in the
                        registration statement. Notwithstanding the foregoing, any increase or
                        decrease in volume of securities offered (if the total dollar value of
                        securities offered would not exceed that which was registered) and any
                        deviation from the low or high end of the estimated maximum offering range
                        may be reflected in the form of prospectus filed with the Commission
                        pursuant to Rule 424(b) if, in the aggregate, the changes in volume and
                        price represent no more than a 20% change in the maximum aggregate offering
                        price set forth in the "Calculation of Registration Fee" table
                        in the effective registration statement;
(iii)
To include any material information with respect to the plan
                        of distribution not previously disclosed in the registration statement or
                        any material change to such information in the registration
                        statement;
Provided, however,
that paragraphs (a)(1)(i)
        and (a)(1)(ii) do not apply if the information required to be included in a post-effective
        amendment by those paragraphs is contained in reports filed with or furnished to the
        Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act
        that are incorporated by reference in this registration statement.
(2)
That for the purpose of determining any liability under the
                        Securities Act, each such post-effective amendment shall be deemed to be a
                        new registration statement relating to the securities offered therein, and
                        the offering of such securities at that time shall be deemed to be the
                        initial
bona fide
offering thereof.
(3)
To remove from registration by means of a post-effective
                        amendment any of the securities being registered which remain unsold at the
                        termination of the offering.
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(b)
The undersigned Registrant hereby undertakes that, for
                        purposes of determining any liability under the Securities Act, each filing
                        of the Registrant's annual report pursuant to Section 13(a) or
                        Section 15(d) of the Exchange Act, (and, where applicable, each filing of
                        an employee benefit plan's annual report pursuant to Section 15(d) of
                        the Exchange Act) that is incorporated by reference in the registration
                        statement shall be deemed to be a new registration statement relating to
                        the securities offered therein, and the offering of such securities at that
                        time shall be deemed to be the initial
bona
                        fide
offering thereof.
(h)
Insofar as indemnification for liabilities arising under the
                        Securities Act may be permitted to directors, officers and controlling
                        persons of the Registrant pursuant to the foregoing provisions, or
                        otherwise, the Registrant has been advised that in the opinion of the
                        Commission such indemnification is against public policy as expressed in
                        the Securities Act and is, therefore, unenforceable. In the event that a
                        claim for indemnification against such liabilities (other than the payment
                        by the Registrant of expenses incurred or paid by a director, officer or
                        controlling person of the Registrant in the successful defense of any
                        action, suit or proceeding) is asserted by such director, officer or
                        controlling person in connection with the securities being registered, the
                        Registrant will, unless in the opinion of its counsel the matter has been
                        settled by controlling precedent, submit to a court of appropriate
                        jurisdiction the question of whether such indemnification by it is against
                        public policy as expressed in the Securities Act and will be governed by
                        the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
        certifies that it has reasonable grounds to believe that it meets all of the requirements
        for filing on Form S-8 and has duly caused this Registration Statement to be signed on its
        behalf by the undersigned, thereunto duly authorized, in the city of Burnaby, British
        Columbia, Canada on this 2nd day of January, 2009.
BALLARD POWER SYSTEMS INC.
By:   /s/ John Sheridan
_____________________________________
Name:
John Sheridan
Title:
President, Chief Executive Officer and Director
POWER OF ATTORNEY
Each of the Registrant and each director or officer of the Registrant whose
        individual signature appears below hereby appoints John Sheridan and David
        Smith
,
and each of them, any of whom may
        act without the joinder of the others, as the true and lawful attorney-in-fact and agent of
        the undersigned, in any and all capacities, with full power of substitution, to sign any
        and all amendments to this Registration Statement (including post-effective amendments),
        and, in connection with any registration of additional securities, to sign any abbreviated
        registration statement and any and all amendments thereto, and to file the same with
        exhibits thereto and other documents in connection therewith, with the Securities and
        Exchange Commission, granting unto said attorneys-in-fact, and each of them, full power and
        authority to do and perform each and every act and thing requisite and necessary to be
        done, as fully to all intents and purposes as the undersigned might or could do in person,
        hereby ratifying and confirming all that each said attorney-in-fact and agent, or his
        substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this
        Registration Statement has been signed by the following persons in the capacities and on
        the dates indicated.
Signature
Title
Date
/s/ John Sheridan
______________________________
John Sheridan
President, Chief Executive Officer and Director (principal
                        executive officer)
January 2, 2009
/s/ David Smith
______________________________
David Smith
Vice President and Chief Financial Officer (principal
                        financial and accounting officer)
January 2, 2009
/s/ Ian A. Bourne
______________________________
Ian A. Bourne
Chairman of the Board
January 2, 2009
/s/ Ed Kilroy
______________________________
Ed Kilroy
Director
January 2, 2009
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Signature
Title
Date
/s/ Dr. Chong Sup (C.S.) Park
______________________________
Dr. Chong Sup (C.S.) Park
Director
January 2, 2009
/s/ Dr. Gerri Sinclair
______________________________
Dr. Gerri Sinclair
Director
January 2, 2009
/s/ David J. Smith
______________________________
David J. Smith
Director
January 2, 2009
/s/ David B. Sutcliffe
______________________________
David B. Sutcliffe
Director
January 2, 2009
/s/ Mark Suwyn
______________________________
Mark Suwyn
Director
January 2, 2009
/s/_Douglas W.G. Whitehead
_____________________________
Douglas W.G. Whitehead
Director
January 2,  2009
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AUTHORIZED REPRESENTATIVE
Pursuant to the requirements of Section 6(a) of the Securities Act of
        1933, the undersigned has signed this Registration Statement, solely in the capacity of the
        duly authorized representative of the Registrant in the United States on this 2nd day of
        January, 2009.
By:   /s/ William Foulds
_______________________________
William Foulds
Vice-President,
                        Sales
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INDEX
        TO EXHIBITS
Exhibit
                        No.
Description
4.1
Articles of Incorporation of
                        the Registrant.
4.2
By-law No. 1 of the
                        Registrant.
4.3
Ballard Power Systems Inc.
                        2002 Share Option Plan.
4.4
Ballard Power Systems Inc.
                        2000 Share Option Plan.
4.5
Ballard Power Systems Inc.
                        1997 Share Option Plan.
4.6
Ballard Power Systems Inc.
                        2003 Share Distribution Plan.
4.7
Ballard Power Systems Inc.
                        2000 Share Distribution Plan.
4.8
Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Directors.
4.9
Ballard Power Systems Inc.
                        Deferred Share Unit Plan for Executive Officers.
4.10
Ballard Power Systems Inc.
                        Restricted Share Unit Plan.
5.1
Opinion of Stikeman Elliott
                        LLP.
23.1
Consent of KPMG
                        LLP.
23.2
Consent of Stikeman Elliott
                        LLP (contained in Exhibit 5.1).
24.1
Power of Attorney (included
                        as part of the signature pages to this Registration Statement).
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