Here are some new facts just posted:"Cytopia commences court...

Here are some new facts just posted:

"Cytopia commences court proceedings to prevent the 11 March meeting
Brisbane, Australia, 4 March 2009: Progen Pharmaceuticals Limited (“Progen”, ASX:PGL;
NASDAQ:PGLA) has received notice of proceedings in the Federal Court of Australia involving
an application by Cytopia Limited ("Cytopia").
Cytopia's application principally seeks an injunction to prevent Progen from holding the
general meeting called for 11 March 2009 ("Merger Meeting") and to require Progen to
include the resolutions which were to be considered at the Merger Meeting on the agenda for
the requisitioned general meeting to be held on 27 March 2009.
Progen intends to oppose the application.
Until Progen makes a further announcement, shareholders should assume that the Merger
Meeting will proceed on 11 March 2009. If shareholders intend to appoint a proxy to vote at
the Merger Meeting, proxy forms need to be received by Computershare Investor Services
Pty Limited by 10.00am Brisbane time, Monday 9 March 2009.
The board, which unanimously supports the merger between Progen and Avexa,
recommends that shareholders vote FOR the resolutions associated with the 11 March 2009
meeting of shareholders.
For more information:
T Justus Homburg
Chief Executive Officer
+61 7 3842 3333"

regards K