ENERGY TECHNOLOGIES LIMITED — Proxy Solicitation & Information Statement 2008

Oct 21, 2008

Proxy Form

Dulhunty Power Limited ("the Company") ABN 38 002 679 469

I/We being a of member/s of the Company and entitled to attend and vote

Hereby appoint

of

or failing him/her, or if no person is named, the Chairman of the Meeting, as my/our proxy to attend and to vote on my/our behalf at the Annual General Meeting of the Company to be held at Unit 2, 35-41 Waterloo Road, North Ryde, New South Wales, on Tuesday 25 November 2008 at 10.30am, and at any adjournment thereof.

If two proxies are appointed, the proportion of the member’s voting rights which this proxy is appointed to represent is set out below.

% or shares

Instructions on Voting

If you wish to direct your proxy how to vote in respect of the proposed resolutions, please indicate the manner in which your proxy is to vote by ticking the appropriate box below, otherwise your proxy may vote as he/she thinks fit.

If the Chairman of the Meeting is appointed as your proxy and you do not wish to direct your proxy how to vote, please place a mark in this box. �

If you do not mark this box, and you have not directed your proxy how to vote, the Chairman will not cast your vote and your vote will not be counted in calculating the required majority if a poll is called.

By marking this box, you acknowledge that the Chairman may exercise your proxy even if he has an interest in the outcome of the resolution and votes cast by him, other than as proxy holder, will be disregarded because of that interest. The Chairman of the Meeting intends to vote undirected proxies in favour of all resolutions.

ORDINARY BUSINESS	For	Against	Abstain
RESOLUTION 1
Adoption of Directors’ Remuneration Report	�	�	�
RESOLUTION 2
Re-election of Martin H Thomas as a Director	�	�	�
SPECIAL BUSINESS
RESOLUTION 3
Approval of new Share Option Plan and future grants of options under it	�	�	�
RESOLUTION 4
Issue of an aggregate of 750,000 options to Martin H Thomas or his nominee	�	�	�
RESOLUTION 5
Issue of 500,000 options to Alfred J Chown	�	�	�
RESOLUTION 6
Issue of an aggregate of 500,000 options to Anthony J Wingrove or his nominee	�	�	�
RESOLUTION 7
Issue of 500,000 options to Richard K Llewellyn	�	�	�
RESOLUTION 8
Issue of 500,000 options to Philip W Dulhunty	�	�	�
RESOLUTION 9
Approval of new Directors Equity Plan and future issues of shares under it	�	�	�

ORDINARY BUSINESS	For	Against	Abstain
RESOLUTION 10
Issue of 1,428,571 fully paid ordinary shares to Alfred J Chown	�	�	�
RESOLUTION 11
Issue of up to an aggregate of 2,500,000 fully paid ordinary shares to Martin J Thomas and/or Zaffiro Pty Ltd in lieu of a proportional loan repayment	�	�	�
RESOLUTION 12
Issue of up to 6,250,000 fully paid ordinary shares to Alfred J Chown in lieu of a proportional loan repayment	�	�	�
RESOLUTION 13
Issue of up to 1,250,000 fully paid ordinary shares to Anthony J Wingrove in lieu of a proportional loan repayment	�	�	�
RESOLUTION 14
Issue of up to 1,250,000 fully paid ordinary shares to DASA Investments Pty Ltd in lieu of a proportional loan repayment	�	�	�
RESOLUTION 15
Issue of up to 1,250,000 fully paid ordinary shares to Philip W Dulhunty in lieu of a proportional loan repayment	�	�	�
RESOLUTION 16
Issue of up to 1,250,000 fully paid ordinary shares to Jaspero Pty Ltd in lieu of a proportional loan repayment	�	�	�
RESOLUTION 17
Refresh capacity to issue shares after share issues	�	�	�
Dated this _ day of ___ 2008

INDIVIDUAL SECURITY HOLDER	SECURITY HOLDER	SECURITY HOLDER
Signature	Signature	Signature
	DIRECTOR / COMPANY	SOLE DIRECTOR / SOLE COMPANY
	SECRETARY	SECRETARY
	Signature	Signature

Address for return of proxies : Unit 2, 35-41 Waterloo Road, North Ryde, NSW 2113 or fax to +61 (2) 9870 7299 Attention: Gregory Knoke.

This form must be signed by the security holder. If a joint holding, all security holders must sign. If signed by the security holder’s attorney, the power of attorney must have been previously noted by the Company or a certified copy attached to this form. If executed by a company, the form must be executed in accordance with the security holder’s constitution and the Corporations Act 2001 (Cth).

If you mark the abstain box for a particular item you are directing your proxy not to vote on a show of hands or on a poll and your votes will not be counted in computing the required majority on a poll on that item.

The Company advises that Chapter 2C of the Corporations Act 2001(Cwlth) requires information about you as a security holder (including your name, address and details of securities you hold) to be included in the public register of the entity in which you hold securities. This information must continue to be included in the Company's register of members even if you cease to be a security holder. Information is collected to administer your security holding and if some or all of the information is not collected then it might not be possible to administer your security holding. The Company may disclose this information for purposes related to your shareholding, including in circumstances permitted under the Chapter 2C of the Corporations Act 2001. You can obtain access to your personal information in the Company's register of members in accordance with Chapter 2C of the Corporations Act 2001.

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