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BIOTRON LIMITED Capital/Financing Update 2010

Jan 14, 2010

64528_rns_2010-01-14_9ed50b92-c2c0-4871-922c-16614b4e4ae6.pdf

Capital/Financing Update

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Level 2, 66 Hunter Street Sydney NSW 2000 Tel: (61-2) 9300 3344 Fax: (61-2) 9221 6333 E-mail: [email protected] Website: www.biotron.com.au

15 January 2010

The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000

(1 page by email)

Dear Madam

ENTITLEMENT ISSUE 23% OVERSUBSCRIBED

The Directors are pleased to advise that the Company's Entitlement Issue of 114,537,315 options, as detailed in the Company's ASX announcement dated 10 December 2009, has been well supported by the Company's shareholders with applications being received for 141,307,254 options, being 26,769,939 options, or more than 23%, oversubscribed.

For further information, contact Peter Nightingale on (61-2) 9300 3344.

Yours faithfully

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Peter J. Nightingale Company Secretary

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