Immuron Ltd — Regulatory Filings 2007

Sep 25, 2007

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Anadis Limited
ACN/ARSN	063 114 045
1. Details of substantial holder (1)
Name	Tatura Milk Industries Limited

There was a change in the interests of the substantial holder on	10/7/2007 and 24/9/2007
The previous notice was given to the company on	12/6/2007
The previous notice was dated	12/6/2007

006 603 970

2. Previous and present voting power

ACN/ARSN (if applicable)

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Presen notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully-paid Ordinary	8,600,000	8.74%	7,250,000	7.32%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding ratice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affect∍d	Person's votes affected
10/7/2007	Tatura Milk Industries Limited	Sale of Fully-paid Ordinary Shares	\$81,332	Fully-paid Ordinary 500,000	500,000
24/9/2007	Tatura Milk Industries Limited	Sale of Fully-paid Ordinary Shares	587,178	Fully-paid Ordinary 650,000	850,000

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Tatura Milk Industries Limited	Tatura Milk Industries Limited	Tatura Milk Industries Limited	Direct shareholding	$Full$ $ pad$ Ordinary $7,25$ ,000	7,250,000

5. Changes In association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting Interests in the company or scheme are as follows:

Name and ACN/ARSN (if spplicable)	Nature of association
N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Tatura Milk Industries Limited	236 Hogan Street Tatura VIC 3616

Signature

print name

Chisf Executive Officer capacity

$26/9/2007$

sign here

DIRECTIONS

date

• If there are a number of substantial holders with similar or related relevant interests (eg. a corp tration and its related corporations, or the $(1)$ manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$

Maurice Van Ryn

• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 20th. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in releva it Interest occurred. If subsection 671B(4) $(a)$ applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, schame or arrangement, must accompany this form, tugether with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(7)$ has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant intersist was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$