ALTECH BATTERIES LTD — Capital/Financing Update 2012

Aug 16, 2012

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17 August 2012

NOTICE UNDER SECTION 708A(5)(e)

Australia Minerals & Mining Group Limited (“AMMG”) (ASX: AKA) issued 6,250,000 fully paid ordinary shares (“Shares”) and 2,500,000 unlisted options (“options”) on 15 August 2012 in consideration for the acquisition by Yilgarn Iron Pty Ltd, its 100% subsidiary, of 100% of a Western Australian iron-ore tenement, pursuant to two agreements for the sale of mining assets. The Shares are part of a class of securities quoted on the Australian Securities Exchange (“ASX”).

The Company gives this notice pursuant to section 708A(5)(e) of the Corporations Act (“Act”).

The Shares were issued without disclosure to the vendors under Part 6D.2 of the Act.

As at the date of this notice, the Company has complied with:

• a) the provisions of Chapter 2M of the Act; and

• b) section 674 of the Act.

As at the date of this notice, there is no excluded information for the purposes of sections 708A(7) and 708A(8) of the Act.

Yours sincerely

Piers Lewis

Company Secretary Australia Minerals & Mining Group Limited