Immuron Ltd — Capital/Financing Update 2013

Mar 27, 2013

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ABN: 80 063 114 045 Level 1, 18 Kavanagh Street Southbank, Vic 3006 Tel: +61 3 8648 4530 Fax: +61 3 9686 9460 www.immuron.com

28 March 2013

Dear Shareholder

Underwritten Renounceable Rights Issue

Immuron Limited (the Company) announced to the ASX on 27 March 2013 that it is undertaking a fully underwritten renounceable pro-rata rights offer to the Company’s shareholders (the Offer).

The Offer is open to all eligible shareholders of the Company who are on the share register as at 5.00pm AEST on 8 April 2013 ( the Record Date) and who have a registered address in Australia or New Zealand.

Under the Offer, the Company will make an offer to all eligible shareholders of three (3) fully paid New Shares for every two (2) fully paid shares held as at the Record Date at a price of 0.3 of a cent ($0.003) per share. In addition to the rights issue, eligible shareholders will have the opportunity to also participate in a Top Up Offer if there is a shortfall in the Rights Offer.

The offer is fully underwritten by Patersons Securities Limited and will be offered pursuant to a prospectus lodged by the Company.

The rights issue will result in the issue of approximately 621,270,086 fully paid shares and raise $1,863,810, before the costs of the issue.

The anticipated timetable for the Offer is as follows:

Announcement of Offer	27 March 2013
Prospectus lodged with ASIC and ASX
Lodge Appendix 3B	27 March 2013
Send notice (including timetable) to shareholders.	28 March 2013
Ex-Date (date from which securities commence trading ex
entitlement to the Rights Issue) and rights trading commences.	2 April 2013
Record Date (date for determining entitlements of eligible
shareholders to participate in the Offer)	8 April 2013
Dispatch Prospectus together with entitlement and acceptance
form to shareholders and Company announces that dispatch has	12 April 2013
been completed.
Rights trading ends	19 April 2013
Shares quoted on a deferred settlement basis	22 April 2013

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Closing Date for acceptances at 5.00pm (AEST)	29 April 2013
Company to advise ASX of under subscriptions ( if any)	30 April 2013
Expected date for Allotment of New Shares	3 May 2013
Expected date for dispatch of holding statements	6 May 2013

A copy of the prospectus together with your entitlement and acceptance form will be forwarded to you in accordance with the above timetable.

Yours faithfully

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Graeme Stevens

Company Secretary

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