ZIMI LIMITED — Share Issue/Capital Change 2008

Apr 7, 2008

ACN 113 326 524

==> picture [431 x 44] intentionally omitted <==

8 April 2008

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

Proposed issue of securities - ASX Listing Rule 3.10.3

Pursuant to ASX Listing Rule 3.10.3, Wind Hydrogen Limited ( WHL ) announces the following details of a proposed issue of securities.

Class of securities:

Fully paid ordinary shares.

Number of securities to be issued: 500,000.

Principal terms of the securities to be issued:

The shares will carry the same rights as existing fully paid ordinary shares in WHL. The shares are subject to a voluntary escrow deed. The shares will cease to be subject to escrow on 17 April 2009.

Issue price or consideration: $0.09.

Purpose of the issue:

To satisfy the terms of a settlement deed dated 8 April 2008 between Wind Hydrogen Limited, Highland Alternative Energy Limited and Mr. James M. Ferguson. The shares are being issued in settlement of unpaid fees for the provision of services .

Security holder approval:

The entity is not required to, and will not, seek shareholder approval for the proposed issue of securities.

Class of security holders:

The proposed issue will not be to a class of security holders.

Expected date of issue:

17 April 2008.

Yours faithfully,

==> picture [107 x 45] intentionally omitted <==

Warwick Pearce Company Secretary

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