THORNEY TECHNOLOGIES LTD — Major Shareholding Notification 2012

Apr 17, 2012

Level 3, 139 Macquarie Street, Sydney NSW 2000 Tel (02) 9252 5595 Fax (02) 9252 5590 Email aeh@aehgroup.com.au www.aehgroup.com.au

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18 April 2012

The Manager Company Announcements Office Australian Securities Exchange Exchange Centre, 20 Bridge Street, Sydney, NSW, 2000

By fax 1300 135 638

Dear Sir / Madam

FORM 604 - Notice of change of interests of substantial shareholder

Please find enclosed Form 604 - Notice of change of interests of substantial shareholder in Australian Renewable Fuels Limited as held by Australian Enterprise Holdings P/L.

We confirm that notice has been provided to Australian Renewable Fuels Limited.

Faithfully

Nicholas Playoust Director Australian Enterprise Holdings Pty Limited

$cc$ Australian Renewable Fuels Limited ABN 66 096 782 188 Level 5, 409 St Kilda Road Melbourne. VIC. 3004 FAX: +61 (3) 9981 0020

Form 604

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Corporations Act 2001 Section 671B

Notice of change of interests of substantial shareholder

To Company Name/Scheme	Australian Renewable Fuels Limited
ACN/ARSN	096 782 188
1. Details of substantial shareholder(1)	Australian Enterprise Holdings Pty Ltd
Name
ACN/ARSN (if applicable)	ACN 008 89 941
There was a change in the interests of the substantial holder on

The previous notice was given to the company on

The previous notice was dated

2. Previous and present voting power

and the both when the both state of the voling shares in the company or voling interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now require

Class of securities (4)	Previous notice		Present Notice .
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares ________	278,000,000	12.41%	270 000 000	1.10%

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

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
15/03/12	Australian Enterprise Holdings Ply Ltd	New Issue guotation of 200,000,000 additional securities by the Company	N/a
17/04/12	Australian Enterorise Holdings Ply Ltd	On Market Sale	\$115,379.	8.000.000	8,000.000

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	Person's votes
Australian Enterprise Holdings Pty Ltd	Australian Enterprise Holdings Pty Ltd	Nicholas Playoust	Shareholding	Ordinary shares 270,000,000	270,000,000

5. Changes in association

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

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______ __ I ACN/ARSN and Name. able ,,, --------------------------------------- .	--------------------------------------- -------------------------------------- ______ ______ ciation л ---------------------------------------
_________ None	---------- the contract of the contract of the contract of the contract of the contract of the contract of the contract of and the state of the contract contract of the contract of

6. Addresses

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

Name	Address
Australian Enterprise Holdings Pty Ltd	Level 3, 139 Macquarie Street Sydney NSW 2000

Signature
	Nicholas 9 print name íavснs≶ Capacity Director sign here 17/04/2012 date
	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 act 2001.
(3)	See the definition of 'relevant interest' in sections 608 and 6718(7) of the Corporations act 2001.
(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 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 of 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.
(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 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.