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23 November 2006
SHARE PURCHASE PLAN AND SALE OF UNMARKETABLE PARCELS - DESPATCH OF DOCUMENTS
Further to the announcement dated 15 November
2006 by Advanced Engine Components Limited ("ACE" or "the Company"), ACE attaches a copy of the
following documents to be sent to relevant ACE shareholders today:
Share Purchase Plan
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A letter and Share Application Form to
participate in a Share Purchase Plan to all ACE shareholders registered, in Australia, as at
20 November 2006.
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The Company is offering all eligible
shareholders the opportunity to subscribe for 17,000 ACE shares at $2,040 under the Share
Purchase Plan.
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Eligible shareholders should note the
Closing Date for receipt of all Application Forms and application monies is 5pm WST on 15
December 2006.
Sale of Unmarketable Parcels
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A letter and Share Retention Form to
all ACE shareholders holding less than a "Marketable Parcel" of shares (less than $500) in the
Company as at 20 November 2006.
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State One Stockbroking Ltd has been
appointed to sell all relevant unmarketable parcels.
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Relevant shareholders should note the
Expiry Date for receipt of Share Retention Forms is 5pm WST on 11 January 2007.
For further information please contact:
Tony Middleton (Managing Director) on (08) 9209 6900; or
Email: shares@advancedengine.com; or
visit the ACE website www.advancedengine.com
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