ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2011

Aug 30, 2011

ADJUSTMENT OF LISTED OPTION (ESIO) EXERCISE PRICE

Wednesday, 31 August 2011 : Environmental Clean Technologies Limited (ECT) (ASX:ESI) advised in the Prospectus lodged with ASIC and ASX on Friday, 26 August 2011 that ECT is offering approximately 634 million New Shares at $0.006 per New Share to raise approximately $3.8 million before costs and expenses, on the basis of 2 New Shares for every 3 fully paid ordinary shares in ECT (Shares) held on the Record Date (5.00pm on 5 September 2011) (Offer). Under the Offer, subscribers for New Shares will also receive 1 New Option, at no cost, for every 2 New Shares issued to them.

Section 1.14 of the Prospectus advised that the New Options will be in the same class and will rank equally with the existing ESIOs on issue in the Company. A summary of the rights attaching to the New Options (and ESIOs) are set out in section 7.5 of the Prospectus.

In accordance with the terms of issue of the ESIOs, as a consequence of this Offer, the exercise price of the ESIOs is reduced in accordance with the formula set out in ASX Listing Rule 6.22.2.

The Ex Entitlement Date for the offer was Tuesday 30 August 2011 and the weighted average market price of the ordinary shares (ESI) for the 5 trading days ending on the day before the Ex Entitlement Date was approximately $0.00607 per share.

The adjusted exercise price for the New Options and ESIOs, adjusted pursuant ASX Listing Rule 6.22.2 is still $ 0.02 per option.

For Further Information Contact:

Mike Davies, Managing Director on +61 3 9684 0888 or info@ectltd.com.au

About ECT

ECT is in the business of commercialising and selling disruptive, leading-edge technologies that have game-changing potential within the energy and resources sector that are capable of delivering environmental and commercial benefits.

We are focused on advancing a portfolio of such technologies that have attractive market potential. This potential is largely informed by global markets that exhibit significant potential for growth and enable us to secure sustainable profits through licensing royalties or other commercial mechanisms.

About Coldry

When applied to lignite and some sub-bituminous coals, the mechanically simple Coldry process produces a black coal equivalent (BCE) in the form of pellets that are stable, easily stored, can be transported and which can be of equal or better energy value than many black coals, whilst significantly reducing CO2 emissions.

About Matmor

The Matmor process is positioned to revolutionise primary iron making thanks to the design of our simple, low cost, low emission, patented Matmor retort using cheaper, alternative raw materials.

Level 8, 530 Little Collins Street, Melbourne Vic, 3000 Australia | Phone +613 9684 0888 | www.ectltd.com.au | ABN 28 009 120 405 Listed on the Australian Stock Exchange (ASX:ESI)