BPH ENERGY LTD — Capital/Financing Update 2009

Sep 17, 2009

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18 September 2009

Companies Announcements Office Australian Securities Exchange Limited 10[th] Floor, 20 Bond Street SYDNEY NSW 2000

BioPharmica Limited Signs Option Deed with Advent Energy

BioPharmica Limited (ASX: BPH) is pleased to announce that it has signed an exclusive option agreement to subscribe for between 9.7% and 19.4% of Advent Energy’s share capital at 50c per share.

The exercise of this option is subject to shareholder approval which will be sought at the 2009 annual general meeting which is anticipated to be held on 12[th] November 2009.

Yours sincerely

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David Breeze Managing Director

BioPharmica Limited ACN 95 912 002 PO Box 317, North Perth 6906, Western Australia 14 View Street, North Perth, Western Australia 6006 admin@biopharmica.com.au www.biopharmica.com.au

T: +61 8 9328 8366 F: +61 8 9328 8733