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ZIMI LIMITED Capital/Financing Update 2009

Jul 23, 2009

66122_rns_2009-07-23_41a2e543-3ee8-4ecc-923e-17e733afe18b.pdf

Capital/Financing Update

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WHL Energy Ltd C/- Websters Solicitors ABN: 25 113 326 524 Level 11, 37 Bligh Street Sydney NSW 2000 Australia P: +61 2 9233 2688 F: +61 2 9233 3828 www.whlenergy.com

ASX/MEDIA RELEASE

Dated: WHN 24 JULY 2009

WHL ENERGY UPDATE ON WIND FARM OPERATIONS

WHL Energy has received several offers for the future development of its three wind farm projects in Scotland.

Offers have been received from major European wind farm operators to form a joint venture agreement to develop its various wind farm assets.

The names of these operators and details of the potential agreements are at this stage confidential but currently due diligence on the projects is being carried out by them and will be completed within the next 7 weeks.

WHL Energy is extremely excited to have such interest from major European operators and is confident any agreement reached for such developments will have significant benefits for WHL shareholders.

Peter Bartter Chairman.