ALGORAE PHARMACEUTICALS LIMITED — Director's Dealing 2009

Sep 28, 2009

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity LIVING CELL TECHNOLOGIES LTD ABN 14 104 028 042

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MR DAVID L BROOKES
Date of last notice	30 NOVEMBER 2007

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	DIRECT
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	19 NOVEMBER 2009

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

		No. of securities held prior to change	100,000 ORDINARY SHARES (HELD BYDAVID LIONEL BROOKES)335,000 ORDINARY SHARES (HELD BYDR DAVID LIONEL BROOKES & MRSELISABETH BROOKES <DR DL BROOKESPERSONAL SUPERFUND A/C>)50,000 ORDINARY SHARES (HELD BYMRSELISABETHMARYBROOKES<DAHLBROOK FAMILY A/C>)150,000 OPTIONS – EXERCISABLE AT$0.20 EACH, VESTING 28/08/2008 ANDEXPIRING 30/11/2012	100,000 ORDINARY SHARES (HELD BYDAVID LIONEL BROOKES)335,000 ORDINARY SHARES (HELD BYDR DAVID LIONEL BROOKES & MRSELISABETH BROOKES <DR DL BROOKESPERSONAL SUPERFUND A/C>)50,000 ORDINARY SHARES (HELD BYMRSELISABETHMARYBROOKES<DAHLBROOK FAMILY A/C>)150,000 OPTIONS – EXERCISABLE AT$0.20 EACH, VESTING 28/08/2008 ANDEXPIRING 30/11/2012
			250,000 OPTIONS – EXERCISABLE AT$0.30 EACH, VESTING 28/08/2008 ANDEXPIRING 30/11/2012
		Class	UNLISTEDOPTIONS(SUJECTTOSHAREHOLDER APPROVAL
			)
		Number acquired	500,000
		Number disposed	NIL
		Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	NIL ISSUE PRICE

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

100,000 ORDINARY SHARES (HELD BYDAVID LIONEL BROOKES)335,000 ORDINARY SHARES (HELD BYDR DAVID LIONEL BROOKES & MRSELISABETH BROOKES <DR DL BROOKESPERSONAL SUPERFUND A/C>)50,000 ORDINARY SHARES (HELD BYMRSELISABETHMARYBROOKES<DAHLBROOK FAMILY A/C>)150,000 OPTIONS – EXERCISABLE AT$0.20 EACH, VESTING 28/08/2008 ANDEXPIRING 30/11/2012250,000 OPTIONS – EXERCISABLE AT$0.30 EACH, VESTING 28/08/2008 ANDEXPIRING 30/11/2012250,000 OPTIONS (HELD BY MRSELISABETH MARY BROOKES<DAHLBROOK FAMILY A/C>) –EXERCISABLE AT $0.25 EACH, VESTING23/8/2010 AND EXPIRING 19/11/2014250,000 OPTIONS (HELD BY MRSELISABETH MARY BROOKES<DAHLBROOK FAMILY A/C>) –EXERCISABLE AT $0.35 EACH, VESTING23/8/2010 AND EXPIRING 19/11/2014

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back

ISSUEOFOPTIONS(SUBJECTTOSHAREHOLDER APPROVAL AT THE AGMTO BE HELD ON 19/11/2009

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

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