ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2009

Dec 8, 2009

ABN 28 009 120 405

Environmental Clean Technologies Limited

Cleansing Statement – Issue of Shares and Options - Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Wednesday, 9 December 2009: On 3 December 2009, Environmental Clean Technologies Limited (ASX : ESI; ESIO) ( Company ) announced an issue of fully paid ordinary shares and listed options ( Placement Securities ) to sophisticated, experienced and professional investors. Together the placements were for a total of 60,000,000 shares and 30,000,000 listed options, raising a total of $2,640,000 before costs and expenses.

The Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) that:

1. the Company issued the Placement Securities without disclosure to investors under Part 6D.2 of the Corporations Act;

2. as at the date of this notice, the Company has complied with:

   • (1) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (2) section 674 of the Corporations Act; and

3. as at the date of this notice, there is no excluded information (as that term is defined in section 708A(7) of the Corporations Act).

For further information contact:

Chief Executive Kos Galtos +61 3 9684 0888.

Coldry Process

The world’s first economic method for dewatering brown coal, creating a high energy pellet with significantly reduced CO2 emissions compared to brown coal, while being suitable for export as a black coal substitute.

Matmor Process

A one-step method for producing low-carbon iron from inexpensive, abundant brown coals and metal bearing media such as mill scale, nickel tailings and low grade iron ore.

Level 8, 530 Little Collins Street  Melbourne  Victoria 3000  Australia  +61(0)3 96840888  www. ectltd.com.au