TALIUS GROUP LIMITED — Board/Management Information 2009

Sep 13, 2009

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ASX ANNOUNCEMENT

Date 14[th] September 2009

- Appointment of Mr Paul Berresford as a Non Executive Director of Advance Energy Ltd

The Board of Advance Energy Ltd (“Advance Energy”) is pleased to announce the appointment of Mr Paul Berresford as a Non-Executive Director of the Company with effect from today. Mr Berresford has over 25 years experience in Public Practice and the Financial Services Industry, and previous Director/Company Secretarial roles for ASX listed companies. Mr Berresford is currently a Director of Optimus Financial Group Pty Ltd (“Optimus”).

Mr Berresford and his fellow Optimus directors recently conducted extensive due diligence on Advance Energy across all facets of the organisation and operations, both here in Australia and USA, with a view to making a significant investment into the business for and on behalf of relevant clients of Optimus. This process started in October 2008 and extended for a period of 9 months, culminating in the implementation of a successful $7.5 million funding agreement signed on June 11[th] 2009 as previously announced to the market.

Mr Beresford said of his appointment; “After recently spending a number of weeks in Texas witnessing firsthand the successful operations of Advance Energy, the final and necessary step of a 9 month due diligence programme, I understand and recognise the compelling investment opportunity the company offers to both shareholders and convertible note holders alike”.

“Taking into account the commitment Optimus has made with the recently executed $7.5 million funding agreement, and the undertaking to act as joint lead manager on the upcoming Advance Energy Listed Convertible Note Offer to raise up to $20 million, it is prudent and in the best interests of Optimus and its clients to take my involvement with Advance Energy to board level”.

“Overriding this consideration is my belief in what Advance Energy is aiming to achieve through continued application of the company’s proven business model, an understanding of the strategic growth opportunities via asset acquisition and development that exist, and my enthusiasm to be involved in this process to assist what are realistic and attainable goals to substantially grow the company.”

ADVANCE ENERGY LIMITED Paul Berresford appointment

FOR FURTHER INFORMATION CONTACT

Mr Anthony Short (Managing Director) or Mr David Ballantyne (Company Secretary) Telephone: 08 9486 1122 Facsimile: 08 9486 1011

ABOUT ADVANCE ENERGY LIMITED

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 looks 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 maximise returns on funds invested.

ADVANCE ENERGY LIMITED Paul Berresford appointment ASX CODE: AVD www.advanceenergyltd.com.au

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