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ZIMI LIMITED Capital/Financing Update 2008

Nov 10, 2008

66122_rns_2008-11-10_ca4a6349-4a6c-4e56-b1d2-4b3774d225ba.pdf

Capital/Financing Update

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==> picture [148 x 89] intentionally omitted <==

WHL Energy Ltd Level 12, 95 Pitt Street Sydney NSW 2000 Australia P: +61 2 8249 8157 F: +61 2 8249 8101 www.whlenergy.com

11 November 2008

Manager Companies Company Announcements Office Australian Securities Exchange Limited Level 4, 20 Bridge Street Sydney NSW 2000

Repayment of facility

Further to the ASX announcement made by WHL Energy Limited on 10 October 2008 regarding the Company’s credit facility (“the Facility”) with HSBC Bank (“HSBC”), the Company advises that the Facility has been repaid. Approximately 700,000 additional Australian dollars (“$A”) was required by HSBC over and above the maximum $A exposure permitted under the Facility to extinguish the USA dollar draw downs made pursuant to the Facility.

For further information contact: Larry Podrasky: 02 8249 8157