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ADVANCED BRAKING TECHNOLOGY LTD Capital/Financing Update 2012

Apr 18, 2012

64282_rns_2012-04-18_e702e785-8b62-479d-a8c7-470572a21220.pdf

Capital/Financing Update

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MARKET RELEASE

19 April 2012

Advanced Braking Technology Limited

TRADING HALT

The securities of Advanced Braking Technology Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Tuesday 24 April 2012 or when the announcement is released to the market.

Security Code: ABV

Dave Filov Adviser, Listings (Perth)

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19[th] April 2012

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AUSTRALIAN STOCK EXCHANGE LIMITED

Electronic Lodgement

Dear Sir/Madam,

ADVANCED BRAKING TECHNOLOGY LTD – REQUEST FOR TRADING HALT

The directors of Advanced Braking Technology Ltd (“ABT”) (ASX: ABV) request a trading halt from the commencement of trading on Friday 20[th] April 2012. The trading halt is requested until the company releases a further announcement prior to the commencement of trading on Tuesday 24[th] April 2012.

For the purposes of ASX Listing Rule 17.1, ABT provides the following information:

  • (a) The trading halt is necessary as ABT expects to make an announcement to the market in relation to an equity raising;

  • (b) ABT expects that the trading halt remain in place until the commencement of trading on 24[th] April 2012 unless, before that time, ABT makes an announcement concerning the outcome of the equity raising or requests that the trading halt be lifted; and

  • (c) ABT is not aware of any reason why the trading halt should not be granted.

If you have any queries, please do not hesitate to contact the undersigned.

Yours faithfully

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Clare Madelin Company Secretary