ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2017

Jul 31, 2017

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Equity Lending Facility Update

Tuesday 1 August 2017: Environmental Clean Technologies Limited (ECT or Company) (ASX:ESI) is pleased to provide the following attached announcement by its subsidiary, ECT Finance Ltd (ECTF).

For further information:

Ashley Moore – Managing Director info@ectltd.com.au

About ECT

ECT is in the business of commercialising leading-edge energy and resource technologies, which are capable of delivering financial and environmental benefits.

We are focused on advancing a portfolio of technologies, which have significant market potential globally.

ECT’s business plan is to pragmatically commercialise these technologies and secure sustainable, profitable income streams through licencing and other commercial mechanisms.

About Coldry

When applied to lignite and some sub-bituminous coals, the Coldry beneficiation process produces a black coal equivalent (BCE) in the form of pellets. Coldry pellets have equal or superior energy value to many black coals and produce lower CO2 emissions than raw lignite.

About MATMOR

The MATMOR process has the potential to revolutionise primary iron making.

MATMOR is a simple, low cost, low emission, production technology, utilising the patented MATMOR retort, which enables the use of cheaper feedstocks to produce primary iron.

About the India R&D Project

The India project is aimed at advancing the Company’s Coldry and Matmor technologies to demonstration and pilot scale, respectively, on the path to commercial deployment.

ECT have partnered with NLC India Limited and NMDC Limited to jointly fund and execute the project.

NLC India Limited is India’s national lignite authority, largest lignite miner and largest lignite-based electricity generator.

NMDC Limited is India’s national iron ore authority.

388 Punt Road, South Yarra, VIC 3141 Australia | Phone +613 9849 6203| www.ectltd.com.au | ABN 28 009 120 405 Listed on the Australian Stock Exchange (ASX:ESI)

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Equity Lending Facility

$14.5M of approved applications

Tuesday 1 August 2017: ECT Finance Ltd (the “Company”) provides the following update on the status of the Equity Lending Facility (ELF).

Applications via the ECT Finance website (www.ectfinance.com.au) closed at 9 am on the 31[st] of July.

The Company is pleased to advise that it approved approximately $14.5M in applications across 272 individual applications.

Initial approval letters will be distributed today, followed up by final loan letters which will include interest rate and other important loan details of the loan.

We thank all applicants for their patience over the previous week as our staff handled a high volume of phone and email enquiries.

A full reconciliations of all applications and loan positions will take place over the coming days and we ask any applicant to advise us immediately if they identify any issues with their current position.

For further information: info@ectfinance.com.au or Glenn Fozard on 0450 886 756

About ECT Finance

ECT Finance is a fully owned subsidiary of ECT and is in the business of providing financing solutions including:

• Equity Lending Facility (ELF)

• Supply agreement financing

• Project financing

• Equipment financing

• Cash flow financing

388 Punt Road, South Yarra, VIC 3141 Australia | www.ectfinance.com.au | ACN 619 944 099