THORNEY TECHNOLOGIES LTD — Capital/Financing Update 2013

Mar 13, 2013

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AUSTRALIAN RENEWABLE FUELS LIMITED ABN 66 096 782 188

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14 March 2013

ASX Announcement

Completion of Entitlement Offer

Australian Renewable Fuels Limited (ASX: ARW) refers to its ASX announcement dated 8 March 2013 and confirms that it has today issued 1,144,237,636 shares under the Entitlement Offer.

ARfuels confirms that it now has a total of 4,195,537,997 fully paid ordinary shares on issue.

A statement setting out the names of the 20 largest shareholders and the percentages held by each is attached.

Yours faithfully,

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Mark Licciardo Company Secretary

Australian Renewable Fuels Limited

COMPUTERSHARE INVESTOR SERVICES PTY LTD

***      T O P     2 0     H O L D E R S       ***
AUSTRALIAN RENEWABLE FUELS LIMITED/ARW              14/03/2013
CLASS: ORD/ORDINARY FULLY PAID SHARES

NAME AND ADDRESS                                           UNITS       % I/C      RANK
NEFCO NOMINEES PTY LTD                                  897,752,286    21.40         1
WENTWORTH HOLDINGS LIMITED                              387,214,691     9.23         2
UBS NOMINEES PTY LTD                                    313,322,558     7.47         3
THORNEY HOLDINGS PTY LTD                                308,643,263     7.36         4
HSBC CUSTODY NOMINEES                                   202,062,596     4.82         5
<AUSTRALIA LIMITED
AUSTRALIAN ENTERPRISE HOLDINGS                          200,000,000     4.77         6
PTY LTD
<PLAYOUST FAMILY TR A/C>
CVC LIMITED                                              98,857,805     2.36         7
THIRTY-FIFTH CELEBRATION PTY                             77,832,174     1.86         8
LTD
<JC MCBAIN SUPER FUND A/C>
SWEET WATER PTY LTD                                      73,000,000     1.74         9
<FARMOCEAN SUPER FUND A/C>
AUSTRALIAN ENTERPRISE HOLDINGS                           58,000,000     1.38        10
PTY LTD <PLAYOUST FAMILY A/C>
J & M PLAYOUST SUPERANNUATION                            55,000,000     1.31        11
PTY LTD
<J & M PLAYOUST S/F A/C>

NAME AND ADDRESS                                           UNITS       % I/C      RANK
KNIGHTLY PTY LTD                                         53,075,000     1.27        12
HARLEY CLARKE ENTERPRISES                                48,000,000     1.14        13
PTY LTD
DIXSON TRUST PTY LTD                                     47,874,112     1.14        14
SEASPIN PTY LTD                                          45,811,532     1.09        15
<APHRODITE A/C>
HOTLAKE PTY LTD                                          36,285,714     0.86        16
<HALCYON SUPER FUND A/C>
JP MORGAN NOMINEES AUSTRALIA                             32,535,362     0.78        17
LIMITED
<CASH INCOME A/C>
DHARMA KARTA PTY LTD                                     28,639,095     0.68        18
MR LUKE JOHN JOSEPH PLAYOUST &                           26,714,286     0.64        19
MRS AMABELLE PLAYOUST
<L & A PLAYOUST S/F A/C>
REEF SECURITIES LIMITED                                  26,403,917     0.63        20
***  REPORT  TOTAL  ***                               3,017,024,391    71.91
***    REMAINDER   ***                                1,178,513,606    28.09
                                                      -----------------------
***  GRAND  TOTAL  ***                                4,195,537,997   100.00
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