TALIUS GROUP LIMITED — Major Shareholding Notification 2009

Nov 5, 2009

Form 604 Corporations Act, 2001 671B

Notice of change in interests of substantial holder

To: Company Name/Scheme:[Advance Ener][gy][ Ltd ]

ACN/ARSN [111 823 762 ]

1. Details of substantial holder[(1)]

ANTHONY NELSON SHORT and FAY HOLDINGS PTY LTD

Name

ACN/ARSN (if applicable) 062 426 699 (Fay Holdings)

There was a change in the interests of the substantial holder on 6 August 2009

The previous notice was given to the company on 9 September 2008.

The previous notice was dated 9 September 2008.

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate[(2)] had a relevant interest[(3)] in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities(4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
Ordinary	16,458,599	13.85%	16,458,599	10.53%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change(6)	Consideration given in relation to change(7)	Class and number of securities affected	Person's votes affected
06/08/09	All relevant interests	Dilution arising in respect of share placement	N/A	16,458,599 ordinary shares	16,458,599 ordinary shares

Page 1 of 3

FORM 604 NOTICE OF CHANGE OF SUBSTANTIAL SHAREHOLDER

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest(6)	Class and number of securities and Person’s votes
				Ordinary Shares
Short Nominees Pty Ltd	Short Nominees Pty Ltd	Short Nominees Pty Ltd		2,946,428 Ordinary fully paid
Fay Holdings Pty Ltd	Fay Holdings PtyLtd	Fay Holdings Pty Ltd		13,476,740 Ordinaryfully paid
Cumberland Investments (WA)PtyLtd	Cumberland Investments (WA)PtyLtd	Cumberland Investments (WA) PtyLtd		3 Ordinary fully paid founder shares
Julie Fay Short	Julie Fay Short	Julie Fay Short		13,714 Ordinary fully paid
Suzie Fay Short	Suzie Fay Short	Suzie Fay Short		8,000 Ordinary fully paid
Perry Nelson Short	Perry Nelson Short	Perry Nelson Short		13,714 Ordinary fully paid

5. Changes in association

The persons who have become associates[(2)] of, ceased to be associates of, or have change the nature of their association[(9)] with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
ShortNomineesPtyLtd	15 JohnStreet CottesloeWestern Australia 6011
FayHoldingsPtyLtd	15 JohnStreet CottesloeWestern Australia 6011
CumberlandInvestments (WA)PtyLtd	15 JohnStreet CottesloeWestern Australia 6011
Julie Fay Short	15 John Street Cottesloe Western Australia 6011
Suzie Fay Short	15 John Street Cottesloe Western Australia 6011
Perry Nelson Short	15 John Street Cottesloe Western Australia 6011

Signature

print name Anthony Nelson Short

capacity Director Fay Holdings Pty Ltd and in own right

sign here

date 6 November 2009

Page 2

FORM 604 NOTICE OF CHANGE OF SUBSTANTIAL SHAREHOLDER

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

(2) See the definition of "associate" in section 9 of the Corporations Law.

(3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Law.

(4) The voting shares of a company constitute one class unless divided into separate classes.

(5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

(a) any relevant agreement or other circumstance because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Law.

(7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(8) If the substantial holder is unable to determine the identity of the person (eg if the relevant interest arises because of an option) write "unknown".

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Page 3

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

ACN/ARSN

Advance Energy Ltd

111 823 762

1. Details of substantial holder (1)

Name Gordon Alfred Sklenka and Formaine Pty Ltd

ACN/ARSN (if applicable)

009 423 509 (Formaine Pty Ltd)

The holder ceased to be a substantial holder on

06 / 08 / 2009

The previous notice was given to the company on 09 / 09 / 2008

The previous notice was dated 09 / 09 / 2009

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
06/08/09	Gordon Alfred Sklenka and Formaine Pty Ltd	Cease to be substantial holder due to dilution from share issue	NA	6,805,357	4.35%

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Formaine Pty Ltd and Gordon Sklenka	16 Francis Street, Subiaco WA 6008

605 Page 2 of 2 15 July 2001

Signature

re
print name sign here	Gordon Sklenka capacity Director Formaine Pty Ltd and in own right
	date 06/11/2009

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme ADVANCE ENERGY LTD ACN/ARSN 111 823 762

1. Details of substantial holder (1)

Name Glory Run Pty Ltd and Odin Energy Ltd ACN/ARSN (if applicable) 127 715 520 and 124 491 416

The holder became a substantial holder on 27 / 10 /2009

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class ofsecurities (4)	Numberofsecurities	Person'svotes (5)	Voting power(6)
Ordinary	10,970,000	10,970,000	7.02%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Glory Run Pty Ltd	Glory Run Pty Ltd-subsidiary	8,970,000
Odin Energy Ltd	Odin Energy Ltd-holding company	2,000,000

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Glory Run Pty Ltd	Glory Run Pty Ltd	Glory Run Pty Ltd	8,970,000 ordinary fully paid
Odin Energy Ltd	Odin Energy Ltd	Odin Energy Ltd	2,000,000 ordinary fully paid

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
Glory Run Pty Ltd	10/07/2009	$8,100		100,000 ordinary fully paid
Glory Run Pty Ltd	14/07/2009	$20,997.34		260,000 ordinary fully paid
Glory Run Pty Ltd	15/07/2009	$8,406.96		102,555 ordinary fully paid
Glory Run Pty Ltd	16/07/2009	$6,350.00		75,000 ordinary fully paid
Glory Run Pty Ltd	17/07/2009	$1,920.49		22,445 ordinary fully paid
Glory Run Pty Ltd	23/07/2009	$8,675.00		105,000 ordinary fully paid
Glory Run Pty Ltd	24/07/2009	$5,275.00		65,000 ordinary fully paid
Glory Run Pty Ltd	29/07/2009	$6,400.00		80,000 ordinary fully paid
Glory Run Pty Ltd	31/07/2009	$4,000.00		50,000 ordinary fully paid
Glory Run Pty Ltd	17/08/2009	$39,927.45		450,000 ordinary fully paid
Glory Run Pty Ltd	21/08/2009	$7,380.00		100,000 ordinary fully paid

Glory Run Pty Ltd	26/08/2009	$7,920.00		100,000 ordinary fully paid
Glory Run Pty Ltd	26/08/2009	$360,000.00		4,500,000 ordinary fully paid
Glory Run Pty Ltd	28/08/2009	$6,400.00		80,000 ordinary fully paid
Glory Run Pty Ltd	01/09/2009	$7,900.00		100,000 ordinary fully paid
Glory Run Pty Ltd	03/09/2009	$7,900.00		100,000 ordinary fully paid
Glory Run Pty Ltd	04/09/2009	$15,320.00		200,000 ordinary fully paid
Glory Run Pty Ltd	08/09/2009	$7,600.00		100,000 ordinary fully paid
Glory Run Pty Ltd	06/10/2009	$66,279.90		600,000 ordinary fully paid
Glory Run Pty Ltd	07/10/2009	$32,229.88		299,927 ordinary fully paid
Glory Run Pty Ltd	08/10/2009	$24,737.70		229,287 ordinary fully paid
Glory Run Pty Ltd	09/10/2009	$45,033.57		410,000 ordinary fully paid
Glory Run Pty Ltd	12/10/2009	$14,099.36		120,786 ordinary fully paid
Glory Run Pty Ltd	13/10/2009	$12,000.00		100,000 ordinary fully paid
Glory Run Pty Ltd	16/10/2009	$11,500.00		100,000 ordinary fully paid
Glory Run Pty Ltd	19/10/2009	$7,700.00		70,000 ordinary fully paid
Glory Run Pty Ltd	22/10/2009	$10,000.00		100,000 ordinary fully paid
Glory Run Pty Ltd	23/10/2009	$4,982.00		50,000 ordinary fully paid
Glory Run Pty Ltd	26/10/2009	$10,500.00		100,000 ordinary fully paid

	Glory Run Pty Ltd	27/10/2009	$19,960.00		200,000 ordinary fully paid

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if Nature of association applicable) Odin Energy Ltd Group-holding company ACN 124 491 416 Glory Run Pty Ltd Group-subsidiary 127 715 520

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Glory Run Pty Ltd	Suite 2, 16 Ord Street, West Perth WA 6005
Odin EnergyLtd	Suite 2, 16 Ord Street, West Perth WA 6005

Signature

print name Alex Bajada sign here

capacity Director Glory Run Pty Ltd

date 06/11 /2009

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the

• (1) manager and trustee of an

equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to

throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an (5) associate has a relevant interest in.

• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

(7) Include details of:

any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a (a) copy of any document setting out

the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany

this form, together with a written statement certifying this contract, scheme or arrangement; and

any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or (b) disposal of the securities to

which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises because of an option) write (8) "unknown".

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was (9) acquired has, or may, become

entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be

included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom

the relevant interest was acquired.