Ann: Trading Halt, page-30

Good news yesterday with a local contract underpinning ECT’s entrance to the commercial arena

No doubt the agreements will be signed next week and in my opinion this will do a couple of things.

1. 1. Fully confirm our partners buy and commitment in into the project
   2. Significantly de-risk the investment for shareholders
   3. A significant re rate of SP to multiples of today
   4. And as important, it creates Time for ECT to re-focus on Strategy (markets and patents) and Resources underpinning strategy (IE how do we scale ECT up and WHO is going to assist with this). In my opinion we need more horsepower from a commercial/execution perspective. I am sure the $260k annual income from yesterday’s announcement + a significant share parcel would attract the right people.

All IMO