Investor News

Fortrend Drawdown Notice

Environmental Clean Technologies Limited (ASX:ESI) advises that it has made the drawdown from Fortrend under the Standby Subscription Agreement dated 31 August 2007 and advised to market on 11 November 2008.

Under the drawdown ECT has issued shares and options in accordance with the attached Appendix 3B.

The funds from the drawdown go towards meeting the drawdown commitment the company has to Fortrend and provides some interim operational funding pending final execution of the Zero Coupon Convertible Note documentation and subsequent availability on non-escrowed funds.

For further information please contact Chief Executive, Kos Galtos on 03 9684 0800