TALIUS GROUP LIMITED — Capital/Financing Update 2012

Aug 5, 2012

6 August 2012

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ASX Operations Exchange Plaza 2 The Esplanade Perth WA 6000

Notification of Expiration of Options 31 August 2012

We refer to Advance Energy Ltd options (ASX Code: AVDOA) which expire on 31 August 2012.

The Company has received notification from the ASX that it has been granted a waiver from Listing Rule 6.24 to the extent necessary to permit the Company not to send the notice required by paragraph 6.1 of Appendix 6A, in relation to the 202,931,748 quoted options exercisable at $0.03 expiring on 31 August 2012.

Please be advised that, in accordance with Appendix 6A:

	Security	Response
A	AVDOA	There are 140 holders of options
B	AVDOA	In the detail as outlined in a) above, each option holder’s holding is itemised and, should the option holder seek to convert their options to shares, the conversion is based on 1 option entitles the holder to 1 share. There are202,931,748options on issue
C	AVDOA	The conversion or exercise price is $0.03 (3 cents) per option conversion
D	AVDOA	The expiry date for the options is 31 August 2012
E	AVDOA	Should the option holder choose not to exercise their options; the options will expire on 31 August 2012
F	AVDOA	The date the quotation of the options will cease is 5 business

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		days before the expiration of the option period, effectively this means 24thAugust 2012
G	AVD	At close of business on 2 August 2012, AVD’s last sale was recorded on 2 August 2012 and was at a unit price of $0.003 and the daily volume was 500,000.
H	AVD	Between the 3 month period 1 May 2012 and 2 August 2012 the highest selling price of AVD was $0.06 on 12 June 2012. The lowest selling price was $0.003 on 19 July 2012 and again on 2 August 2012 during this period.
I	AVDOA	There are no partly paid securities. The last date on which the AVDOA traded was 7 December 2011 when 1,000,000 were sold at $0.001 each. There have been no sales of AVDOA in the last three months
J	AVDOA	There are no underwriting agreements in place concerning the options that are due to expire on 31 August 2012

In accordance with the waiver granted by ASX, if the market price of the Company’s ordinary shares exceeds $0.03 before 31 August 2012, the Company will immediately send an option expiry notice to Option holders.

Yours Sincerely

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Alistair Jobling

Company Secretary

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