Immuron Ltd — Regulatory Filings 2007

May 31, 2007

1 June, 2007.

The Company Announcement Office, Australian Stock Exchange Limited, Sydney. NSW.

Subject: Agreement with former Managing Director/CEO

Anadis Limited (the Company) has reached agreement with its former Managing Director and Chief Executive Officer regarding the terms of his departure from the business.

The confidential agreement provides for payment by the Company by the end of the current financial year of an agreed amount in respect of the term of his employment. This will involve the bringing forward of some employee expenses to the current financial year.

The Company welcomes the agreement, thanks Mr. Graham for his service to the Company and wishes him well in his future endeavours.

Anadis Limited

David Woods Company Secretary