ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2009

Feb 5, 2009

Environmental Clean Technologies Limited

ABN 28 009 120 405

Victoria Capital brings potential end user to Melbourne

Friday 6 February 2009: Environmental Clean Technologies Limited (ASX:ESI) advises that commercial negotiations with Victoria Capital, for the purchase up to 20M tonnes of Coldry per year for 20 years (Letter of Intent announced 18 November 2008) are progressing productively.

ECT Chief Executive Kos Galtos said after a few stop-starts to negotiations over the past few months, he is organising to meet with senior representatives of Victoria Capital and a major Chinese power station that is to be the end user of the Coldry product, in late February.

“Signing the Letter of Intent in November was a major strategic milestone for ECT,” he said.

“Unfortunately the uncertainty in the global economy stalled Victoria Capitals’ planned visit to Melbourne last year.”

“This is a very significant deal for ECT that will shape the company over the next two decades; it is crucial we get the agreements absolutely right and we are working closely with Deacons Lawyers, and their expert black coal team, to make this so.”

Victoria Capital is a Vietnamese based company that currently sells 120M t.p.a. of thermal coal in China and has been offered the right to provide equity into the project vehicle to build the Coldry plant that will deliver this order.

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 1, 530 Little Collins Street  Melbourne  Victoria 3000  Australia  +61(0)3 96840888  www. ectltd.com.au