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BABYLON PUMP & POWER LIMITED Capital/Financing Update 2009

Mar 22, 2009

64557_rns_2009-03-22_3d4a5e4b-211e-4208-b385-7b09aa3913e1.pdf

Capital/Financing Update

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ASX Announcement

23 March 2009

SALE OF CARDANAL TECHNOLOGY COMPLETED

The company advises today that the previously announced sale of IM Medical’s Cardanal technology has been completed and settled following the completion of sale requirements.

Roman Najdecki Company Secretary

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BABYLON PUMP & POWER LIMITED — Capital/Financing Update 2009

64557_rns_2009-03-22_3d4a5e4b-211e-4208-b385-7b09aa3913e1.pdf

ASX Announcement

SALE OF CARDANAL TECHNOLOGY COMPLETED

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BABYLON PUMP & POWER LIMITED Capital/Financing Update 2009