ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2008

Nov 10, 2008

Environmental Clean Technologies Limited

Fortrend Drawdown Notice

11 November 2008: Environmental Clean Technologies Limited (ASX:ESI) advises that pending the availability of funds from the Pacific Capital Value Fund Zero Coupon Convertible Note, 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 3,848,425 shares priced at 90% of the average of the VWAP market price from 7 November 2008 to 14 November 2008 inclusive.

The Company will issue both the shares and 962,106 options valued at 110% of the market price at which the shares have been issued on 14 November 2008. The options will expire on 14 November 2011.

The funds from the drawdown will provide some interim operational funding pending availability of the second tranche of funds under the Zero Coupon Convertible Note as the initial $500,000 is required to be held in escrow.

For further information please contact the Company Secretary, Jan Macpherson on 03 96840800

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