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SPRINTEX LIMITED Capital/Financing Update 2008

May 26, 2008

65799_rns_2008-05-26_f9351486-8612-4e1a-88a6-09e023e13e24.pdf

Capital/Financing Update

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AUTOMOTIVE TECHNOLOGY GROUP LIMITED ABN: 38 106 337 599

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UPDATED PRO-FORMA BALANCE SHEET BASED ON ACTUAL FUNDS RAISED

Current Assets
Cash and Cash Equivalents
Trade and Other Receivables
Inventories
Total Current Assets
Non Current Assets
Property, Plant and Equipment
Other Financial Asset
Total Non Current Assets
TOTAL ASSETS
Current Liabilities
Trade and Other Payables
Interest Bearing Liabilities
Provisions
Total Current Liabilities
Non Current Liabilities
Interest Bearing Liabilities
Other Non Current Liabilities
Total Non Current Liabilities
TOTAL LIABILITIES
NET ASSETS
Unaudited
Pro Forma
$ 7,085,201
101,675
1,802,127
8,989,003
2,694,653
266,286
2,960,939
11,949,942
1,343,066
1,137,330
246,354
2,726,750
299,478
-
299,478
3,026,228
8,923,714

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: [email protected] URL: www.ATGgroup.com.au

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AUTOMOTIVE TECHNOLOGY GROUP LIMITED ABN: 38 106 337 599

Equity Contributed equity Reserves Accumulated Losses

TOTAL EQUITY

20,548,825 832,088 (12,457,199)

8,923,714

Jay Stephenson COMPANY SECRETARY

22 May 2008

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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: [email protected] URL: www.ATGgroup.com.au