TALIUS GROUP LIMITED — Capital/Financing Update 2012

Mar 18, 2012

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ASX Announcement

19[th] March 2012

Issue of Shares in Satisfaction of Convertible Note Interest Payable

As announced earlier today, the shareholders of Advance Energy Ltd (Advance or the Company) have today approved the amendments to the conditions of the Company’s Convertible Notes (Notes).

As well as amending the Note conversion terms, shareholders have also given approval for the Company to issue shares in satisfaction of interest payable.

The Company confirms that it intends to exercise this option to pay interest payable to noteholders for the quarter ending 31 March 2012 by the issue of shares. In accordance with the terms approved by noteholders and shareholders, registered noteholders on 31 March 2012 (Interest Payment Date) will be issued with shares at a price equal to 80% of the volume weighted average price of the shares sold on ASX during the 5 trading days before 31 March 2012.

The most recent share sale price was $0.004 (0.4 cents). In the event that the 5 day VWAP before the Interest Payment Date was $0.004, the company would satisfy the $158,531.25 of interest payable by the issue of 49,541,015 shares.

The following table summarises the entitlement of noteholders to the interest payable for the quarter.

‘Ex’ Date	26 March 2012
Record Date	30 March 2012
Issue Date	10 April 2012

FOR FURTHER INFORMATION CONTACT

Mr Anthony Short (Managing Director) Or Mr Alistair Jobling (Company Secretary) Telephone: 08 9429 2900 Facsimile: 08 9486 1011

ASX CODE: AVD www.advanceenergyltd.com.au

19 March 2012

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