CONSTELLATION TECHNOLOGIES LIMITED — Board/Management Information 2003

Jan 30, 2003

Company Announcement

Agenix CFO Leaves Company

Thursday 30 January 2003

Brisbane-based biotechnology company Agenix Ltd [ASX:AGX] today announced that Mr Jeff Carter. Chief Financial Officer and Company Secretary, has left the company after the closure of the Sydney office in conjunction with the transfer in December of the head office functions to Brisbane.

The company will now solely be based in Brisbane.

The closure of the Sydney office follows the closure of the Perth office in late 2001 and further consolidates operational facilities.

"Agenix's two major subsidiaries, Agen Biomedical and Milton Pharmaceuticals, are both based in Brisbane, and it makes good commercial sense that we base all our management and corporate functions in that city," said Agenix Managing Director Mr Don Home. "It is also expected that there will be a reduction in expenditure as a result of this move."

"We thank Jeff for his contribution in the past two years as the company has changed and grown and wish him well in the future," said Agenix Executive Chairman, Mr Ravindran Govindan. "As we move forward into the next phase of Agenix's future we will look to add a CFO who can help us both expedite our growth and manage our corporate finance requirements."

A search for a Brisbane-based Chief Financial Officer and Company Secretary is underway. The company expects to make an announcement on a replacement within three months.

For more information contact:

Don Home CEO Agenix Ltd Ph: 0438 500 255

Agenix Limited [ASX:AGX] is a listed Australian-based company. It manufactures, distributes and markets human and veterinary diagnostic test kits, over-the-counter pharmaceuticals and infant care products via its fully-owned subsidiaries AGEN Biomedical and Milton Pharmaceuticals. Agenix focuses on developing a horizontally integrated product portfolio to service the needs of the acute phase thrombosis market. Agenix's lead candidate is its hightechnology ThromboView® blood clot-imaging project, which uses radiolabelled antibodies to locate blood clots in the body. This could revolutionise the \$US 3 billion annual clot diagnostic imaging market. Agenix employs 190 staff and sells its products to more than 50 countries. www.agenix.net