Announcement PDF ASX Release 27th October 2015 CONSOLIDATION OF CAPITAL At the Annual General Meeting held today, shareholders approved the resolution authorising a consolidation of the Company's Issued Capital on the following basis: (a) every 20 Shares to be consolidated into 1 Share; and (b) every 20 Options be consolidated into 1 Option and the exercise price of each Option to be amended in inverse proportion to this ratio in accordance with ASX Listing Rule 7.22.1 Details of your holding on a pre-consolidation and post consolidation basis will be sent to security holders set out in a personalised letter. If you have any queries regarding the consolidation, please contact Computershare Investor Services Pty Limited on 1300 850 505 (within Australia) or 61 3 9415 4000 (outside Australia). Yours sincerely, Sam Wright Director & Company Secretary PharmAust Limited ABN 35 094 006 023 Suite 39, 1 Freshwater Parade, Claremont, Western Australia Tel: 08 6364 0899 Fax: 08 9467 6111 www.pharmaust.com