IMPEDIMED LIMITED — Capital/Financing Update 2008

Oct 5, 2008

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6-Oct-2008

ASX RELEASE

Escrow Release – Consideration Shares for Xitron Acquisition

ImpediMed Limited today announces the pending release of the shares issued to the previous shareholders in Xitron Technologies, Inc 100% of the shares of which were acquired by ImpediMed Limited on 1[st] October 2007.

The total shares issued to date with respect to the acquisition total 2,918,648 and were required by ASX to be subject to mandatory escrow for one year.

ImpediMed is required to advise the market 10 working days prior to the release of shares from escrow. Upon approval by ASX, ImpediMed proposes to release the shares from escrow effective 21[st] October 2008.

Of the total 2,918,648 shares, 80% are held by staff or consultants to the company who are subject to the company’s internal share trading policy.

Phil Auckland

CFO & Company Secretary

www.impedimed.com