Ann: Capital Raising Presentation-AVX.AX, page-7

Hi Joe - I don't have any insights into the future direction of the Company but as I said in a previous post I don't think they really know what business they are in. I am a long term holder and got in because I liked the partnership with Valevia on the antibiotics program and also the development of the HIV treatment. I wasn't too fussed on the coal mine and now live in hope that the Tali exercise will add some value. I am disappointed that all information on the previous history of the company has been removed from the website and now you can only access Tali stuff. I did contact Valevia ( who, by the way have been taken over by a British Company and are now based in London and not Switzerland) by email to see if they would release some information that might be of assistance to Avexa shareholders but have not had any response. I have mentally written this investment off but to remain positive I look at it not so much as a loss of capital but as a purchase of experience. Cheers.