THORNEY TECHNOLOGIES LTD — Board/Management Information 2011

Dec 13, 2011

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AUSTRALIAN RENEWABLE FUELS LIMITED ABN 66 096 782 188 Level 5, 409 St Kilda Road Melbourne VIC 3004 TEL: +61 (3) 9981 0010 FAX: +61 (3) 9981 0020 www.arfuels.com.au

14 December 2011

ASX Limited Exchange Centre, 20 Bridge Street Sydney NSW 2000

RESIGNATION OF DIRECTOR

Australian Renewable Fuels (ASX;ARW) is pleased to announce the retirement of Tom Engelsman from both the management as well as the Board of the company.

Given his major involvement, not only with the reconstruction of the basic ARW business, but also in securing the expanded position in Australia and Indonesia, Tom believes that it now an opportune time to leave the next stages of development and growth to the new Board and management team.

“The company is well positioned to take advantage of the benefits outlined in the recent announcements, and Tom’s efforts have created many of those opportunities” said Phil Garling, Chairman of the company. “We wish Tom, and his wife Anna, the best for their future endeavours”.

Yours Sincerely

Andrew Metcalfe Company Secretary