TALIUS GROUP LIMITED — Board/Management Information 2008

Jul 6, 2008

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ASX Announcement DATE: 4 July 2008

Change of Company Secretary

The Company wishes to advise the resignation of Mr Gordon Sklenka, and the appointment of Mr David Ballantyne as Company Secretary, effective immediately. Mr Sklenka continues as a director.

For further information contact: Mr Anthony Short Managing Director Telephone: 08 9486 1122 Facsimile: 08 9486 1011

Advance Energy Limited is focused on the acquisition and development of oil and gas producing assets in Texas USA. The company aims to acquire assets with a combination of debt and equity that have current production and cash flow and to enhance production and cash flow through the further development of these assets. Once a property has reached its full productive potential and/or has achieved economic payout to Advance Energy, the Company would look to on sell all or part of its interest. It is the aim of the Company to develop a portfolio of assets which will be developed and traded to maximize returns on funds invested.

Advance Energy Limited ASX Code: AVD Website: www.advanceenergyltd.com.au

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