ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2009

Jul 2, 2009

Appendix
3B New
issue
announcement

Rule
2.7,
3.10.3,
3.10.4,
3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information
or
documents
not
available
now
must
be
given
to
ASX
as
soon
as
available.

Information
and documents
given
to
ASX
become
ASX’s
property
and
may
be
made
public.

Introduced
1/7/96.

Origin:
Appendix
5.

Amended
1/7/98,
1/9/99,
1/7/2000,
30/9/2001,
11/3/2002,
1/1/2003,
24/10/2005.

Name
of
entity

Environmental
Clean
Technologies
Limited

ABN 28
009
120
405

We
(the
entity)
give
ASX
the
following
information.

Part 1 - All issues

You
must
complete
the
relevant
sections
(attach
sheets
if
there
is
not
enough
space).

1 +Class of+securities issued or to beissued 2 Number of +securities issued or to be issued (if known) or maximumnumberwhichmaybe issued 3 Principal terms of the +securities (eg,ifoptions,exercisepriceand expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price anddatesforconversion)	1.Ordinaryshares
	2,700,0000ordinaryshares
	Fullypaidordinaryshares

+
See
chapter
19
for
defined
terms.

24/10/2005
Appendix
3B

Page
1

Appendix
3B New
issue
announcement

4 Dothe+securitiesrankequallyin all respects from the date of allotment with an existing +class ofquoted+securities? Iftheadditionalsecuritiesdonot rankequally,pleasestate: � thedatefromwhichtheydo � the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment � the extent to which they do notrankequally,otherthanin relation to the next dividend, distribution or interest payment 5 Issuepriceorconsideration 6 Purposeoftheissue (Ifissuedasconsiderationforthe acquisition of assets, clearly identifythoseassets) 7 Dates of entering +securities into uncertificated holdings or despatchofcertificates 8 Number and +class of all +securities quoted on ASX (including the securities in clause2ifapplicable)	Yes
	$0.02perordinaryshare
	Exerciseofoptions
	3July2009
	Number	+Class
	599,850,238 496,208,186	ORD ESIO

+
See
chapter
19
for
defined
terms.

Appendix
3B
Page
2

24/10/2005

Appendix
3B New
issue
announcement

		Appendix3B Newissueannouncement
9 Numberand+classofall +securitiesnotquotedon ASX (including the securities in clause 2 if applicable)	Number	+Class
	3,500,000 2,500,000 5,000,000 5,000,000 41,666,666 1,252,478 1,500,000 1,000,000 1,539,145 708,306 794,806 962,106 360,999	Unlistedoptionsexpiring15thFebruary2010exercisable at12centseach Unlistedoptionsexpiring15thFebruary2010exercisable at12centseachoncetheVWAPforthepreceding5days is15cormore Unlistedoptionsexpiring15thFebruary2010exercisable at20centseachoncetheVWAPforthepreceding5days is30cormore Unlistedoptionsexpiring15thFebruary2010exercisable at20centseachoncetheVWAPforthepreceding5days is35cormore Unlistedoptionsexpiring15thOctober2010exercisable at12centseach. Optionsexercisableat15.22centseachandexpiringon12 December2010 Unlistedoptionsexercisableat25centsescroweduntil7 December2008andexpiringon5October2010. Unlistedoptionsexercisableat20candexpiringon14th February2011. Optionsexercisableat11.3centseachandexpiringon2 June2011 Optionsexercisableat5.59centseachandexpiringon25 Sept2011 Optionsexercisableat4.04centseachandexpiringon8 Oct2011 Optionsexercisableat3.795centseachandexpiringon 17November2011 Optionsexercisableat3.12centseachandexpiringon23 December2011

10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

+
See
chapter
19
for
defined
terms.

Appendix
3B

Page
3

1/1/2003

Appendix
3B New
issue
announcement

Part 2 - Bonus issue or pro rata issue

11	Is security holder approval
	required?
12	Istheissuerenounceableornon‐
renounceable? 13 Ratio in which the +securities
	willbeoffered
14	+Classof+securitiestowhichthe
	offerrelates
15	+Record date to determine
	entitlements
16	Will holdings on different
	registers (or subregisters) be
	aggregated for calculating
	entitlements?
17	Policy for deciding entitlements
	inrelationtofractions
18	Namesofcountriesinwhichthe
	entity has +security holders who
	will not be sent new issue
	documents
	Note:Securityholdersmustbetoldhowtheir
	entitlementsaretobedealtwith.
	Crossreference:rule7.7.
19	Closing date for receipt of
	acceptancesorrenunciations

+
See
chapter
19
for
defined
terms.

Appendix
3B
Page
4

24/10/2005

Appendix
3B New
issue
announcement

20 21	Namesofanyunderwriters Amountofanyunderwritingfee
	orcommission
22	Names of any brokers to the
23	issue Fee or commission payable to
	thebrokertotheissue
24	Amount of any handling fee
	payable to brokers who lodge
	acceptances or renunciations on
	behalfof+securityholders
25	If the issue is contingent on
	+security holders’ approval, the
	dateofthemeeting
26	Dateentitlementandacceptance
	form and prospectus or Product
	DisclosureStatementwillbesent
	topersonsentitled
27	If the entity has issued options,
	and the terms entitle option
	holders to participate on
	exercise, the date on which
	notices will be sent to option
	holders
28	Daterightstradingwillbegin(if
	applicable)
29	Date rights trading will end (if
	applicable)
30	How do +security holders sell
	theirentitlements_infull_through
	abroker?
31	How do +security holders sell
	part of their entitlements
	through a broker and accept for
	thebalance?

+
See
chapter
19
for
defined
terms.

Appendix
3B

Page
5

1/1/2003

Appendix
3B New
issue
announcement

• 32 How
do[+] security
holders
dispose of
 their
 entitlements
 (except
 by sale
through
a
broker)?

• 33 +Despatch
date

Part 3 - Quotation of securities

You
need
only
complete
this
section
if
you
are
applying
for
quotation
of
securities

• 34 Type
of
securities ( tick
one )

• (a) Securities
described
in
Part
1

• (b) All
other
securities

Example:
 restricted
 securities
 at
 the
 end
 of
 the
 escrowed
 period,
 partly
 paid
 securities
 that
 become
 fully
 paid, employee
incentive
share
securities
when
restriction
ends,
securities
issued
on
expiry
or
conversion
of
convertible securities

Entities that have ticked box 34(a)

Additional
securities
forming
a
new
class
of
securities

Tick
to
indicate
you
are
providing
the
information
or documents

35 If
the[+] securities
are[+] equity
securities,
the
names
of
the
20
largest
holders
of
the additional[+] securities,
and
the
number
and
percentage
of
additional[+] securities held
by
those
holders

36 If
the[+] securities
are[+] equity
securities,
a
distribution
schedule
of
the
additional +securities
setting
out
the
number
of
holders
in
the
categories

• 1
‐
1,000

1,001
‐
5,000 5,001
‐
10,000 10,001
‐
100,000 100,001
and
over

37 A
copy
of
any
trust
deed
for
the
additional[+] securities

+
See
chapter
19
for
defined
terms.

Appendix
3B
Page
6

1/1/2003

Appendix
3B New
issue
announcement

Entities that have ticked box 34(b)

38 Number of securities for which +quotation
is
sought 39 Class of +securities for which quotation
is
sought

40 Do
the[+] securities
rank
equally
in all respects from the date of allotment
 with
 an
 existing[+] class of
quoted[+] securities?

If
the
additional
securities
do
not rank
equally,
please
state:

� the
date
from
which
they
do � the extent to which they participate for the next dividend, (in the case of a trust,
 distribution)
 or
 interest payment � the extent to which they do not
rank
equally,
other
than
in relation
 to
 the
 next
 dividend, distribution or interest payment 41 Reason
 for
 request
 for
 quotation now Example:
In
the
case
of
restricted
securities,
end of
restriction
period (if issued upon conversion of another
 security,
 clearly
 identify that
other
security)

Number +Class 42 Number and +class of all +securities quoted on ASX ( including the
securities
in
clause 38)

+
See
chapter
19
for
defined
terms.

Appendix
3B

Page
7

1/1/2003

Appendix
3B New
issue
announcement

Quotation
agreement

• 1 +Quotation
of
our
additional +securities
is
in
ASX’s
absolute
discretion.

ASX may
quote
the[+] securities
on
any
conditions
it
decides.

• 2 We
warrant
the
following
to
ASX.

• The
issue
of
the[+] securities
to
be
quoted
complies
with
the
law
and
is not
for
an
illegal
purpose.

• There is no reason why those[+] securities should not be granted +quotation.

• An
offer
of
the[+] securities
for
sale
within
12
months
after
their
issue will
not
require
disclosure
under
section
707(3)
or
section
1012C(6)
of the
Corporations
Act.

Note:
An
entity
may
need
to
obtain
appropriate
warranties
from
subscribers
for
the
securities
in
order
to
be able
to
give
this
warranty

• Section
724
or
section
1016E
of
the
Corporations
Act
does
not
apply
to any
 applications
 received
 by
 us
 in
 relation
 to
 any[+] securities
 to
 be quoted
and
that
no‐one
has
any
right
to
return
any[+] securities
to
be quoted
under
sections
737,
738
or
1016F
of
the
Corporations
Act
at
the time
that
we
request
that
the[+] securities
be
quoted.

• If
we
are
a
trust,
we
warrant
that
no
person
has
the
right
to
return
the +securities
to
be
quoted
under
section
1019B
of
the
Corporations
Act
at the
time
that
we
request
that
the[+] securities
be
quoted.

• 3 We
will
indemnify
ASX
to
the
fullest
extent
permitted
by
law
in
respect
of
any claim,
 action
 or
 expense
 arising
 from
 or
 connected
 with
 any
 breach
 of
 the warranties
in
this
agreement.

• 4 We
give
ASX
the
information
and
documents
required
by
this
form.

If
any information or document not available now, will give it to ASX before +quotation
of
the +securities
begins.

We
acknowledge
that
ASX
is
relying
on the
information
and
documents.

We
warrant
that
they
are
(will
be)
true
and complete.

Sign
here: ............................................................
Date:
03
July
2009 (Chief
Executive)

Print
name: Kosmas
Galtos

+
See
chapter
19
for
defined
terms.

==
==
==
==
==

Appendix
3B
Page
8

1/1/2003