TALIUS GROUP LIMITED — Capital/Financing Update 2013

Jan 15, 2013

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ASX Announcement

15 January 2013

Letter to Shareholders

In accordance with the timetable included in the Prospectus lodged with ASIC and ASX on 14 January 2013, the following letter has been despatched to shareholders and includes the relevant information about the offer.

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

15 January 2013

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15 January 2013

Dear Shareholder

Prospectus for Non-Renounceable Entitlement Issue of Options

We write to you as a shareholder of Advance Energy Ltd (“Advance”) regarding its forthcoming Entitlement Issue of Options (“Offer”). The Offer is a non-renounceable pro-rata offer to Eligible Shareholders on the basis of 1 Option for every 1 share held at the Record Date of 23[rd] January 2013 at an issue price of $0.001.

The Options will be convertible into fully paid ordinary shares at $0.004 each on or before 31 December 2014 and the Company will apply for quotation of the Options on ASX. If the Offer is not fully subscribed, the Directors may issue the shortfall at their sole discretion. Eligible Shareholders will be given the opportunity to apply for additional Options under the shortfall offer.

The Offer is for a maximum of 1,186,399,438 Options and, if fully subscribed, the Offer will raise $1,186,399 (before costs). The proceeds of the Offer will be used to fund the acquisition of additional acreage in Ukraine, to undertake evaluation of new and existing projects (including the purchase of seismic data already acquired over the Ortynytska Project), the preparation of a Reserve Report and for administrative expenses in Ukraine and Australia.

A Prospectus for the Offer was lodged with the Australian Securities and Investments Commission (“ASIC”) and ASX on 14 January 2013 and is available both on the ASX website (www.asx.com.au) and on the Advance website (www.advanceenergyltd.com.au ). The Prospectus will be dispatched to eligible shareholders on 29[th] January 2013.

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

15 January 2013

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