ZIMI LIMITED — Capital/Financing Update 2010

Dec 9, 2010

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WHL Energy Ltd ABN: 25 113 326 524 2 Leura Street, Nedlands Western Australia

P.O. Box 3445, Broadway Nedlands Western Australia 6009

T: +61 8 6500 0271 F: +61 8 6389 1151 www.whlenergy.com

10 DECEMBER, 2010

Company Announcement

Australian Securities Exchange Limited

CLEANSING NOTICE - ISSUE OF SHARES UNDER PLACEMENT

Australian energy company WHL Energy Limited ( ASX: WHN ) ( “the Company”) is pleased to confirm a recent share issue of 22,727,273 fully paid ordinary shares at an issue price of $0.022 to sophisticated investors, as announced on 10 November 2010 to raise $500,000 (“Placement Shares”).

In accordance with the requirements of section 708A(5)(e) of the Corporations Act 2001 (“the Act”), under which this notice is given, the Company confirms that:

1. the Placement Shares are part of the class of ordinary shares quoted on the ASX;

2. the Company issued the Placement Shares without disclosure to investors under Part 6D.2 of the Act, in reliance on section 708;

3. as at the date of this notice:

4. (a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

5. (b) the Company has complied with section 674 of the Act (as it applies to the Company); and

6. as at the date of this notice there is no excluded information (as that expression is defined in sections 708A(7) and 708A(8) of the Act) in relation to the Company.

Yours faithfully

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Matthew Edmondson Company Secretary T: +61 8 6500 0271 E:contact@whlenergy.com End.