ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2017

Jul 6, 2017

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Shareholder Update – Equity Lending Facility

Friday 7 July 2017: Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to provide the attached update from ECT Finance Ltd on the previously announced (23 June 2017) Equity Lending Facility (ELF).

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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Shareholder Update – Equity Lending Facility

Friday 7 July 2017: ECT Finance Limited (ECTF or Company) is pleased to provide the following update on the previously announced (23 June 2017) Equity Lending Facility (ELF).

Key points:

• Loan Applications will open from next week (10 – 14 July 2017)

• Applicants should start preparing identification documents

• Self-managed Super Fund (SMSF) applicants should speak to their financial advisor about setting up a custodian

Equity Lending Facility (ELF)

The Company is in the final stages of completing the requirements to be able to formally offer financing to ESIOA and ESIOB holders under the ELF, and is aiming to release the full details next week, in time for the offer to open for application by Friday 14 July 2017 or earlier.

A further ASX announcement will be released when applications formally open.

In preparation, applicants should ensure they have their identification documents ready and ECT Finance encourages applicants to forward these documents prior to opening of the formal application process.

Either via:

Email – Scanned image of certified identification documents to info@ectfinance.com.au

Post – Certified identification documents mailed to:

ECT Finance Ltd

PO Box 482, South Yarra 3141

Documents checklist - Individuals

To proceed further, please have one document from column A and at least one document from column B, plus a change of name or marriage certificate (if necessary), certified by an Authorised Witness as a true and correct copy of the original and provide the certified copies of your identification documentation to us.

Column A	Column B
Passport	Birth Certificate, Citizen Certificate or Descent Certificate
Driver’s Licence	Credit/Debit Card
	Government Issued Proof of Age Card (with photo)
	Medicare Card

Please contact the Company immediately if you cannot provide the above identification documents, but still intend to apply.

Document Checklist – Companies

If you are applying as a company, each Officer that will execute the Loan and Security Deed must provide the above identification documents. An Officer means either (i) sole director and secretary; or (ii) at least two directors, as applicable.

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

Document checklist - SMSF

If you are applying as a self-managed superannuation fund (SMSF), you must also:

• 1) provide the identification documentation for each Officer of the custodian or bare trustee that has been appointed by the SMSF; and

• 2) provide us with a copy of your custodian deed or bare trust deed.

Note: Authorised Witness means a person who is authorised to certify documents including a principal of a registered school, lawyer, medical practitioner, dentist, pharmacist, veterinarian, accountant, minister of religion authorised to celebrate marriages, a justice of the peace or a bail justice, bank manager and police officer.

Registrations of Interest

A website has been established for ECT Finance (www.ectfinance.com.au).

Option holders intending to apply under the ELF are encouraged to register their interest.

Applicants who register their interest and subsequently apply for loans and are approved, will receive a 0.25% discount off their interest rate for the first 12 months of the loan.

A loan application fee of $200 will be payable for each loan approved under the ELF. This fee will be waived for loans with a Loan to Strike (LSR) ratio of less than 85% and/or those loans that prepay 12 months of interest.

Registrations close at 11pm (AEST) on Sunday 9 July2017.

Frequently Asked Questions

A web page dealing with frequently asked questions has been assembled on the ECTF website, and can be found at www.ectfinance.com.au.

For further information:

info@ectfinance.com.au

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

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