TALIUS GROUP LIMITED — Capital/Financing Update 2009

Sep 21, 2009

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ASX ANNOUNCEMENT

Date 22 September 2009

ASX Waiver

Advance Energy Ltd (“Advance” or “The Company”) has been granted a waiver from Listing Rule 14.7 to the extent necessary to permit the Company to issue 5 million unlisted convertible notes (each with a face value of $1) on or before 29 September 2009 (a 30 day extension) and otherwise on the same conditions as approved by shareholders on 29 May 2009.

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 Waiver for issue of 5 million convertible notes