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EDEN INNOVATIONS LTD Capital/Financing Update 2011

Dec 14, 2011

64820_rns_2011-12-14_593ab3cc-f5f3-43d3-8430-ee1e5efadb33.pdf

Capital/Financing Update

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----- Start of picture text ----- ACN 109 200 900----- End of picture text -----

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

15 December 2011

ISSUE OF SHORTFALL SECURITIES UNDER PRO-RATA NON-RENOUNCEABLE RIGHTS ("the Issue")

Eden has received applications from the underwriters of the Issue for a total of 18,660,000 ordinary fully paid shares ( Shares ), together with 18,660,000 accompanying options, each to acquire 1 Share at an exercise price of $0.20 per Share at any time up to and including 30 June 2014 ( Options ). These securities have now been issued.

Holding statements for the new Shares (and accompanying new Options) to be issued to the underwriters of the Issue will be despatched on 15 December 2011.

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Gregory H. Solomon Executive Chairman