ALEXIUM INTERNATIONAL GROUP LIMITED — M&A Activity 2007

Jul 24, 2007

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Evans & Tate Limited ABN 91 064 820 408 54 Salvado Road Wembley Western Australia 6014 Australia

PO Box 451 Wembley Western Australia 6913

Tel +61 8 6462 1799 Fax +61 8 6462 1798 International Prefix 618

www.evansandtate.com.au

25 July 2007

COMPANY ANNOUNCEMENTS PLATFORM AUSTRALIAN STOCK EXCHANGE

Ferngrove Vineyards Ltd – Withdrawal of Merger Proposal

Evans & Tate Limited ( ETW ) has this morning received notice that Ferngrove Vineyards Limited ( Ferngrove ) has withdrawn its proposal for a merger between ETW and Ferngrove, which was announced to the market on 22 June 2007.

Yours faithfully,

Michael Silbert Company Secretary

John Hopkins David Wilson Chairman Director Evans & Tate Limited Inside Public Relations (08) 6462.1799 (03) 9671 4456 or 0411 055 311