THORNEY TECHNOLOGIES LTD — Capital/Financing Update 2007

Apr 26, 2007

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AUSTRALIAN RENEWABLE FUELS LUMTED

AUSTRALIAN RENEWABLE FUELS LIMITED

ABN 66 096 782 188

SUITE 18, LEVEL 5 SOUTH SHORE PIAZZA 85 SOUTH PERTH ESPLANADE SOUTH PERTH WA 6151

P.O. BOX 837 SOUTH PERTH WA 6951

$751$ +61893633500 $FAX$ 161893633511 E-MAIL Info@arfuels.com.au WEB www.arfuels.com.au

Friday 27 April 2007

ASX Release

Company Announcements Office Australian Stock Exchange Limited 10^th Floor, 20 Bond Street SYDNEY NSW 2000

Dear Sir/Madam,

Release of Shares from Escrow

Pursuant to ASX Listing Rule 3.10A, we advise that the following securities will be released from escrow on Thursday 10 May 2007.

Fully Paid Ordinary Shares - 56,000,000

Australian Renewable Fuels Limited (ASX Code: ARW) will seek quotation of the above securities with effect from 10 May 2007.

Yours faithfully,

Arma La ¹

Max L Ger Company Secretary