FIRST LITHIUM LIMITED — Capital/Financing Update 2012

Mar 19, 2012

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ADVANCED ENGINE COMPONENTS LIMITED

ACN: 009 081 770

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14 ENERGY STREET PO BOX 3126 MALAGA 6090 WESTERN AUSTRALIA

TEL: +61 8 9209 6900 FAX: +61 8 9209 6999

ISO 9001 Lic.13705 SAI Global

20 March 2012

Market Announcements Office Australian Securities Exchange By: e-lodgement (ASX code ACE)

COMPLETION OF SALE OF NON CHINA BUSINESS ASSETS

Further to the announcement by Advanced Engine Components Limited on 6 March 2012, the Board is pleased to advise that the Business Sale Agreement with Westport Innovations (Australia) Pty Ltd was completed today.

For further information email shares@advancedengine.com

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