ZIMI LIMITED — Capital/Financing Update 2008

Jun 2, 2008

ACN 113 326 524

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03 June 2008

Wind Hydrogen signs LOI to Acquire Texas Oil & Gas Interest

Wind Hydrogen Limited (‘WHL’) and United Heritage Corporation (NASDAQ:UHCP, ‘United Heritage’), a publicly-listed oil & gas company trading on NASDAQ (collectively, the ‘Parties’), have signed a letter of intent (‘LOI’), which provides for WHL to acquire from United Heritage a 50% interest in the 2,500 acre “A” Zone acreage (see below) of the currently producing 10,360 gross acre Wardlaw Field located in Edwards County, Texas USA (the ‘Project’). Following entry into and closing of definitive agreements, the Parties intend to jointly own the Project 50/50 and commence an active drilling program.

The salient points regarding the Project are as follow:

1. The majority of the oil-in-place is contained in the upper Glen Rose formation (“A” Zone) at a depth of approximately 300 feet with a gravity range of 14-25 API (see below), a medium gravity crude;

2. A total of 130 wells have been drilled of which approximately 44 are capable of production and, of those, 27 are active with total recovered production to-date of approximately 100,000 barrels of oil;

3. The area is subject to four (4) full mineral leases with United Heritage having a 100% working interest subject to a 25% land owner royalty interest; and

4. The leased area also has deep gas potential from the Pennsylvanian/Atocka formations at 9,600 feet. The acreage is on trend with the Vinegarone East gas field that has produced in excess of 60 billion cubic feet of gas.

The foregoing acquisition is subject to the respective Parties’ satisfactory due diligence, signing of definitive agreements, board approval and WHL shareholder approval for a change in the nature of WHL’s activities at its upcoming general meeting of shareholders. The acquisition fits within the parameters of WHL’s diversification strategy into complimentary energy sources as outlined in the notice to shareholders.

"WHL is very excited about the opportunity to acquire 50% of the “A” Zone acreage in the producing Texas Wardlaw Field, and to partner with the experienced management and operating team at United Heritage”, said WHL’s Executive Chairman and CEO, Larry Podrasky. “WHL continues its expansion into the U.S. energy sector where project oil product prices currently receive 85% of West Texas Intermediate (‘WTI’) trading at about US$127 per barrel. At the same time, the company is in the process of finalizing its due diligence on the 22,000 acre Kentucky Shale Gas Project, as well as continuing to develop its UK and Australian wind-power portfolio.”

For further details contact: Larry Podrasky: 02-8249-8157.

API means the American Petroleum Institute gravity, which is a measure of how heavy or light a petroleum liquid is compared to water.

Suite 14, Level 12, 95 Pitt Street Sydney NSW Australia 2000 T: (61 2) 8249 8157 F: (61 2) 8249 8101 E: info@wind-hydrogen.com W: www.wind-hydrogen.com