ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2007

Dec 6, 2007

Environmental Clean Technologies Limited

Shareholder Announcement

7[th] December 2007: Environmental Clean Technologies Limited (ASX:ESI) advises that it has given Fortrend Securities Pty Ltd a Drawdown Notice under the Standby Subscription Agreement dated 31 August 2007.

The Drawdown relates to the issue of 5,009,910 shares that will be priced at 90% of the average of the VWAP market price from 3 December to 7 December 2007 inclusive.

The Drawdown Date will be Wednesday, 12[th] December 2007. On the drawdown date the Company will issue both the shares and 1,252,477 options that will be valued at 110% of the market price at which the shares are issued. The options will expire on 12[th] December 2010.

The funds from the drawdown will be mainly directed to costs of the preparation and designing of a scaled up commercial plant.

For further information please contact Con Galtos, 0413 747 077

Level 13, 222 Kingsway � South Melbourne � Victoria 3205 � Australia � +61(0)3 96840888 � www.ectltd.com.au