BPH ENERGY LTD — Capital/Financing Update 2010

Dec 20, 2010

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20 December 2010

Companies Announcements Office Australian Securities Exchange Limited 10[th] Floor, 20 Bond Street SYDNEY NSW 2000

Dear Sir/Madam,

BPH Energy Limited – Increase Investment in Advent Energy Ltd

BPH Energy Ltd ( formerly BPH Corporate Ltd - ASX:BPH) is pleased to advise that it has made a further investment in Advent Energy Ltd (“ Advent” ) of $14.4M.

A total of 11,520,000 ordinary fully paid shares with an issue price of $1.25 have been issued to BPH Energy increasing their interest in Advent 27.42%.

Yours Sincerely

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Deborah Ambrosini Director and Company Secretary

BPH Energy Limited ACN 095 912 002 PO Box 317, North Perth, Western Australia 6906 14 View Street, North Perth, Western Australia 6006 admin@biopharmica.com.au www.biopharmica.com.au

T: +61 8 9328 8366 F: +61 8 9328 8733