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Rockist

See below statements re: funding taken from Quarterley Activities Statement dated 30/10/12

Long term financing package. We continue to actively advance a number of capital raising initiatives
with a number of internationally based and Australian based parties, focused on our advanced portfolio
of near-term geothermal development projects in Indonesia. These parties have either largely completed
or are in the process of completing their required due diligence on our projects. Draft terms sheet
have been exchanged and are being reviewed with some of these groups. While it is taking longer than
anticipated to bring these discussions with financing parties to a successful conclusion, it is clear from
our discussions and negotiations that our strategy of pursuing the long-term Alliance relationship with PT
Bakrie Power that we have, and the portfolio of near-term development opportunities is the correct one.
We are currently applying significant effort and time to ensure that we bring these financing discussions to
a successful conclusion as expeditiously as we can, for the benefit of all shareholders. Investor interest
is strong, and there is a keen interest and understanding of the long term potential and attraction of our
portfolio of advanced, near-term geothermal development opportunities in Indonesia;
• Short term financing options. During the quarter ended and during October 2012, we have also progressed
a number of acceptable short term financing alternatives, to ensure that the Company has sufficient
liquidity over the coming months in the event that there is any unforseen delay to the execution of our
PPA’s (not expected) or there are delays in completing our long term financing package to a suitable
conclusion;
• Release of the