VOLT GROUP LIMITED — Capital/Financing Update 2011

Jun 27, 2011

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Ground Floor, 10 Ord Street WEST PERTH Western Australia 6005 PO BOX 1933 WEST PERTH Western Australia 6872 T : +61 8 9268 3800 F : +61 8 9226 2018 E : info@enerji.com.au W www.enerji.com.au ENERJI LIMITED ABN 62 009 423 189

28 June 2011

Dear Shareholder

Non-Renounceable Rights Issue

On 26 May 2011, Enerji Limited ( Company ) announced a pro-rata renounceable rights issue of one (1) New Option exercisable at 3 cents on or before 30 June 2015 for every three (3) shares held by Shareholders registered at 5.00pm (WST) on 5 July 2011 ( Record Date ) at an issue price of 0.2 cents per New Option to raise approximately $461,759 ( Rights Issue ).

On 24 June 2011 the Company lodged a prospectus ( Prospectus ) with ASX Limited ( ASX ) and the Australian Securities and Investments Commission ( ASIC ) for the Rights Issue.

The Rights Issue is conditionally underwritten by SA Capital Pty Ltd (ACN 114 959 803).

Fractional entitlements will be rounded up to the nearest whole Share. Shareholder approval is not required in relation to the Rights Issue.

A full copy of the Prospectus will be mailed to all shareholders who hold shares on the Record Date ( Shareholder ).

The Prospectus will not constitute an offer to any Shareholder, as at the record Date, whose registered address is not situated in Australia or New Zealand. The prospectus is sent to those Shareholders for information only. Overseas shareholders should contact the Company Secretary with any queries.

This Prospectus will be available in electronic form on the ASX website at http://www.asx.com.au or the Company’s website http://www.enerji.com.au.

It is intended that the proceeds, less the expenses of the issue, will be principally used for installation of the Opcon Powerbox at the Carnarvon Power Station.

Holders of existing options and existing convertible bonds already on issue are required to exercise their options or convertible bonds prior to the Record Date in order to participate in the Rights Issue in relation to the underlying Shares the subject of existing options and existing convertible bonds.

Under the Offer, between 230,879,422 and 469,425,326 New Options (depending upon whether the holders of existing options exercise those options, and holders of convertible bonds convert their bonds, before the Record Date) will be issued.

The timetable for the Rights Issue is as follows:

Event	Date
Ex Date	29 June2011
Record Date to determine Shareholder entitlements	5 July 2011
Prospectus and Application Form despatched to shareholders	11 July 2011
ClosingDate ofOffer	26 July2011
Options quoted on a deferred settlement basis	27 July 2011
NotifyASXofunder-subscriptions	29 July2011
Despatch date	2 August 2011

Note: These dates are determined based upon the current expectations of the Directors and, subject to the Listing Rules, may be changed without notice. The Directors may extend the Closing Date by giving at least 6 Business Days notice to ASX prior to the Closing Date. As such, the date the Shares are expected to commence trading on ASX may vary.

For and on behalf of ENERJI LIMITED

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Geoffrey Reid Company Secretary

About Enerji

Enerji Limited is an emerging Perth-based green power utility focussed on commercialising the Opcon Powerbox in Australia.

The Opcon Powerbox cogeneration technology transforms waste heat into electricity and therefore creates significant energy cost and CO2 emissions savings for its customers.

Enerji has exclusive sales and distribution rights for the Opcon Powerbox in Australia and options for Malaysia, Thailand, Singapore and Sub-Saharan Africa.

The Opcon Powerbox, manufactured in Sweden by Opcon, represents a significant commercial opportunity through application to industrial, mining and power generation operations.

Enerji plans to maximise this opportunity and generate shareholder returns through long-term power purchase agreements.