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AEI NEWSLETTER ISSUE 24:

4th April - 2nd May 2008

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The aim of this newsletter is to complement the news-based website, with a primary focus on price-based information over the previous period and to advise of forthcoming company announcements (see bottom) and IPOs.

Winners and losers: 4th April - 2nd May 2008

THE WINNERS

1. Australian Renewable Fuels +62.50%

On the 18th April, ARF signed a five-year biodiesel supply deal to a Western Australian Resource Company. The deal amounts to 5 million litres of biodiesel a year rising to a target volume of 7.5 m litres. On the 26th April, ARF was rumoured to be seeking a a rights issue and the stock has since emerged from a trading suspension.

2. Torrens Energy +58.33%

Prior to the arrival of a new government in Australia, geothermal stocks performed very well in anticipation of more favourable support from Kevin Rudd. Since then, there has been some fallback, now recovering on news that geothermal exploration is going ahead. On April 28th, Australia added 19 new exploration areas for geothermal expansion.

3. China Biodiesel +39.13%