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APPLICATION FORM- PREFERENTIAL OFFERING (ALTERNATIVE ENERGY LIMITED)

"Only applicable lo Deposilary

Interesi Ho/der

Please tick this box if your details have changed or are incomplete and

p!ease update below

[]Name of Subscribing Shareholder:
Address:

Please enter here a daytime telephone number (including Country Code) where you can be contacted in the event of any query arìsing from completion of this Application Form.


lmportant: This is an important document which requires your immediate attentian. lf you are in any doubt as to how to deal with this document, you should consult your stockbroker, bank manager, solicitor, accountant or other professional adviser immediately.

Ali capitalised terms used but not otherwise defined herein sha/1 have the same meaning ascribed to them in the offering letter dated 14 January 2013 (the "Offering Letter").

By signing this Application Form, you agree:
(a) to be bound by the memorandum and articies of association of Alternative Energy Umited (the "Company");
(b) to be bound by the terms of the Preferential Offering (including, without limitation, those set out in Appendix A to the Offering Letter and in this Application Form);
(c) that your applicatìon far Preferential Offering Shares is irrevocable; and
(d) that you will bear ali necessary fees or administrative charges payable to effect the payment and transfer of the Subscription Price (as
defined below) to the Company for the Preferential Offering Shares applied far.
Please ensure that your payment far the Preferential Offering Shares applied far (the "Subscription Price") is made in US Dollars ("US$")
to the Company, without any form of deduction, by way of telegraphic transfer to the Company's account, details of which are stated below.
Full Name Alternative Energy Limited +
Full Address:
1 Science Park Road, #02-09, The Capricorn, Singapore Science Park

Il,

Singapore 117528
Name of bank
Full Address of Bank
Bank Account Number
Swift Code
DBS Bank Ltd

12 Marina Boulevard

DBS Asia Centrai@ Marina Bay Financial Centre Tower 3
Singapore 018982

0048-002033-01-9-022

DBSSSGSG
KINDLY NOTE THAT THIS APPLICATION FORM SHALL BE SUBMITTED TOGETHER WITH THE EVIDENCE OF THE EFFECTIVE TELEGRAPHIC TRANSFER OF THE AGGREGATE SUBSCRIPTION PRICE TO THE COMPANY.
Preferential Offering Shares being applied forat a cast of US$0.008 per Preferential Offering Share

Number of Preferential Offering Shares

applied for (maximum number is 600,000,000) : --------


Complete Boxes 2, 3, 5 and, if appropriate Box 4 Total Subscription Price

(in US$)
ALL SUBSCRIBING SHAREHOLDERS TO SIGN HERE TO APPLY FOR THE PREFERENTIAL OFFERING SHARES. SHAREHOLDER(S) SIGNATURE(S) MUST BE WITNESSED.(Once made this is irrevocable)
Execution by individuals: Signed and delivered as a deed:

Signature(s) of Subscribing Shareholder(s) Name ofWitness Signature of Witness

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3


NOTE: The witness must be a person who is over 18 years of age who is not another joint holder and the same witness may witness on behalf of ali or any registered holders.
Execution by a company: This document is executed as a deed on behalf of the company by two directors OR one director and the company secretary OR one director in the presence of an independent third party witness.

t,fiìx Comp:my St'al !-!:;>re

Siqnature Name of Director


Name of •oirector/

Sianature

SecretarvfvVitness

oelete as appropriate


PARTICIPANT ID AND MEMBER ACCOUNT ID

Only complete this Box if your Depositary lnterest is in
CREST Participant ID

Reference Number Member Account ID



In the event of over-subscription by the Subscribing Shareholders, or far the purposes of avoiding placing a Subscribing Shareholder in a position of incurring a mandatory offer obligation, (please see pages 11 and 26 of the Offering Letter far further details), the Company shall have the absolute discretion to scale down the subscription by the relevant Subscribing Shareholder or to adjust the fina! allotment in proportion to the total number of Preferential Offering Shares applied far by each Subscribing Shareholder relative to the total number of Preferential Offering Shares available far subscription. In such event, part or ali of the Subscription Price ("Refund Sum") paid by you may be refunded by the Company to you by way of telegraphic transfer in US$. Please complete the following details in respect of your account (''Account") to which theRefund Sum is payable to you. This should be the same account from which you will be transferring or paying the

Subscription Price to the Company.

Full Name: Full Address: Name of Bank:
Full Address of Bank:

Note: By signing this Application Form, you acknowledge that the Company will have no obligation to verify the Account and will not be responsible for any delay in the receipt of, or loss of, ali or part of the Refund Sum, in the event the details provided herein are erroneous or incomplete.
Bank Account Number:

Bank Sort Code: Swift Code:

PLEASE NOTE: APPLICATION FORMS MUST BE RECEIVED ON 25 JANUARY 2013 BY 3.00P.M. !SINGAPORE TIME) FORAPPLICATIONS BY ENTITLED SCRIPHOLDERS !AS DEFINED IN THE OFFERING LETTER) AND ON 25 JANUARY 2013 BY

3.00P.M. !UK TIMEl FOR APPLICATIONS BY ENTITLED DEPOSITARY INTEREST HOLDERS !AS DEFINED IN THE OFFERING LETTER) !PLEASE SEE BELOW FOR FURTHER DETAILS).
Returning your Application Form:
Once completed, your Application Form (together with the evidence of the telegraphic transfer of the full Subscription Price to the
Companylshould be received by:
(a) Boardroom Corporate & Advisory Services Pte. Ltd. ("Boardroom"), if you are an Entitled Scripholder (as defined in the Offering Letter), either by hand or by post in a self-addressed envelope (at your own risk) to Alternative Enerqy Limited c/oBoardroom Corporate & Advisorv Services Pte. Ltd.. at 50. Raffles Piace. #32-01 Sinqapore Land Tower. Singapore 048623:

Q[

(b) Computershare lnvestor Services PLC ("Computershare"), if you are an Entitled Depositary lnterest Ho!der (as defined in the Offering Letter), either by hand or by post in a self-addressed envelope (at your own risk) to Alternative Energy Limited c/oComputershare lnvestor Services PLC. at Computershare. Carcerate Action Projects. Bristol. 8899 6AH. England.
Queries:
lf you have any queries with regard to the completion of your application form, or would like to receive an additional application form, please contact Boardroom at +65-6536 5355 between 9.00 a.m. and 5.00 p.m. (Singapore time) an any Singapore business day (if you are an Entitled Scripholder) or Computershare at 0870 702 0000 between 9.00 a.m. and 5.00 p.m. (UK time) on any UK business day, or alternatively, a copy of the same can be downloaded from the Company's official website at http://www.alternativenergy.com.sq. Please note that neither Boardroom nor Computershare will be able to previde you with any financial advice or commenton the merits of the Preferential Offering.

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