TALIUS GROUP LIMITED — Share Issue/Capital Change 2006

Dec 4, 2006

www.advanceenergyltd.com.au Suite 4, 16 Ord Street I tel: 08 9486 1122 West Perth, Australia | fax: 08 9486 1011 PO Box 1779, ACN 111 823 762 West Perth 6872

ASX Announcement 5 December 2006

Release of Securities from Escrow

In accordance with ASX Listing Rule 3.10A, Advance Energy Limited wishes to advise that 2,476,192 ordinary fully paid shares will be released from escrow on 20 December 2006.

Application will be made to ASX to have the fully paid ordinary shares quoted within ten (10) days from the date of release from escrow.

For further information contact: Mr Lance Camacho Company Secretary Telephone: 08 9486 1122 Facsimile: 08 9486 1011

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 would look 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 maximize returns on funds invested.