ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2014

Apr 8, 2014

==> picture [180 x 47] intentionally omitted <==

Via ASX online

ASX Market Announcements Office

9 April 2014

Information disclosed under ASX Listing Rules 3.10.5A and 7.1A.4(b)

Environmental Clean Technologies Limited (ASX:ESI) (Company or ECT) provides the following additional information under ASX Listing Rule 3.10.5A. in relation to the two separate share issues under listing rule 7.1A on 26 March 2014 and 8 April 2014 per the below details.

The following information is provided as a matter of record only.

Share Issue on the 26 March 2014

• a) A total of 18,518,519 shares were issued at a price of 0.27¢ per share pursuant to Listing Rule 7.1A (representing 0.87% of the then post placement capital).

  • a. pre-placement security holders who did not participate in the Bond conversion held an aggregate 99.13% of the then post-placement capital

  • b. pre-placement security holders who did participate in the Bond conversion held an aggregate 0.87% of the then post-placement capital

  • c. there were no participants in the Bond conversion who were not previously security holders

• b) The issue of fully paid shares through this capital raising related to the presentation of a conversion notice under the Strategic Deliverable Bond issued 21 November 2012, for work performed on the Coldry ‘design for tender’ during 2013. The Company considered the Bond to be the most efficient and reliable method available for raising the funds required to advance the stated objectives given the funding certainty.

• c) No underwriting arrangements were entered into.

• d) The capital raising fee in relation to the Strategic Deliverable Bond was 3%.

Share Issue on the 8 April 2014

• a) A total of 37,037,038 shares were issued at a price of 0.8987¢ per share pursuant to Listing Rule 7.1A (representing 1.71% of the then post placement capital).

  • a. pre-placement security holders who did not participate in the Bond conversion held an aggregate 98.29% of the then post-placement capital

  • b. pre-placement security holders who did participate in the Bond conversion held an aggregate 1.71% of the then post-placement capital

  • c. there were no participants in the Bond conversion who were not previously security holders

• b) The issue of fully paid shares through this capital raising related to the presentation of a conversion notice under the Strategic Deliverable Bond issued 21 November 2012, for work performed on the Coldry ‘design for tender’ during 2013. The Company considered the Bond to be the most efficient and reliable method available for raising the funds required to advance the stated objectives given the funding certainty.

• c) No underwriting arrangements were entered into.

• d) The capital raising fee in relation to the Strategic Deliverable Bond was 3%.

For further information, please contact:

Adam Giles - Company Secretary Office Phone: 03 9909 7684 Email: info@ectltd.com.au

Level 7, 530 Little Collins Street, Melbourne Vic, 3000 Australia | Phone +613 9909 7684 | www.ectltd.com.au | ABN 28 009 120 405 Listed on the Australian Stock Exchange (ASX:ESI)