SPRINTEX LIMITED — Capital/Financing Update 2008

May 26, 2008

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AUTOMOTIVE TECHNOLOGY GROUP LIMITED ABN: 38 106 337 599

COMMITMENTS BASED ON ACTUAL AMOUNT RAISED

	Minimum
Use of Funds	Subscription
	$6,000,000
Pre-offer Seed	2,000,000
Total raised in the Offer	6,044,000
Total Funds Available	8,044,000
Working Capital	1,540,700
Market & Product Development Costs	590,000
Sprintex stock build	3,050,000
Vee Two – Stock build for additional distributioncountries	450,000
Capital Expenditure for additional R&D and Production	1,800,000
Expenses of the Offer	613,300
Total	8,044,000

Jay Stephenson COMPANY SECRETARY

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73 RESOURCE WAY MALAGA WESTERN AUSTRALIA 6090 PO BOX 3348 MALAGA DC WESTERN AUSTRALIA 6945 Phone: +61 8 9262 7222 Fax: +61 8 9262 7288 Email: info@ATGgroup.com.au URL: www.ATGgroup.com.au