BPH ENERGY LTD — Proxy Solicitation & Information Statement 2007

Aug 29, 2007

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30th August 2007

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

Dear Sir/Madam,

RE: BIOPHARMICA LIMITED NOTICE OF MEETING

INDICATIVE TIMETABLE

IN SPECIE DISTRIBUTION OF CORTICAL DYNAMICS SHARES TO BIOPHARMICA LIMITED SHAREHOLDERS

EVENT	DATE
BioPharmica Limited announces the reorganisation and sends out this Notice ofMeeting	31 August 2007
General Meeting of BioPharmica Limited shareholders	27 September 2007
BioPharmica Limited advises ASX that shareholder approval for the capitalreduction has been obtained	28 September 2007
Trading in Cortical Dynamics Shares starts on an “ex return of capital basis”	2 October 2007
Record Date	9 October 2007
Anticipated Dispatch Date – Cortical Dynamics Shares to BioPharmica Limitedshareholders	9 October 2007

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