CADOUX LIMITED — Director's Dealing 2007

Sep 12, 2007

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 entitySolbec Pharmaceuticals Ltd
ABN	85 061 289 218

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	Grant Karl Maynard BENNETT
Date of last notice	13thSeptember 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

Direct or indirect interest	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	AMB Holdings Pty Ltd(Director shareholder)
Date of change	6 September 2007
No. of securities held prior to change	4,844,286 Ordinary Shares (direct)255,413 Ordinary Shares (indirect)
Class	Ordinary Shares and Options
Number acquired	10,000,000 Options expiring 30/06/2010exercisable at 0.7cents
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	4,844,286Ordinary Shares (direct)255,413 Ordinary Shares (indirect)10,000,000 Options expiring 30/06/2010exercisable at 0.7cents (indirect)
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back	10,000,000 options received in consideration forfinancing facility

• See chapter 19 for defined terms.

30/9/2001

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

30/9/2001

Appendix 3Y Page 2