SPRINTEX LIMITED — Capital/Financing Update 2009

Dec 17, 2009

18 December 2009

ASX ANNOUNCEMENT

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Bonus Option Issue

Non-Renounceable Entitlement

Automotive Technology Group (ATG) (ASX: ATJ) is pleased to announce it is planning a Bonus Option Issue to Shareholders in the Company.

Entitlement Issue

The pro rata non-renounceable entitlement issue is for one free option for every 5 ordinary shares held at the proposed Record Date of 29 January 2010.

The new Options will be exercisable at $0.10 per Share on or before 30 June 2011. The Company will apply to have the new Options quoted on ASX.

Shareholders will be eligible to participate in the Entitlement Issue if they have a registered address in Australia or New Zealand and hold Shares at 5pm (AWST) on the Record Date.

A Prospectus with personalized Entitlement and Acceptance Forms, detailing the Entitlement Issue will be dispatched to Shareholders eligible to participate.

Timetable

The proposed timetable for the Entitlement Issue is set out below. The dates are indicative only and ATG reserves the right to vary the dates (subject to the Corporations Act and the ASX Listing Rules).

Activity	Date
Lodgment of Prospectuswith ASXandwiththeASIC	19 January2010
Notice sent to Shareholders	20 January2010
Ex Date*	25 January2010
Record Date for determining Shareholder entitlements	29 January 2010
Prospectus dispatched to Shareholders	4 February2010
ClosingDate ofOffer	15February2010
Despatchdate	19February2010

• The “ex” date for entitlement is 25 January 2010; therefore shares purchased on or after 25 January 2010 will not provide the buyer with an entitlement to participate in the Entitlement Issue. Where fractions arise in the calculation of entitlements, they will be rounded up to the nearest whole number.

For further information please contact the Company Secretary on +61 8 6468 0388.

Jay Stephenson Company Secretary

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