IMUGENE LIMITED — Share Issue/Capital Change 2002

Nov 10, 2002

IMUGENE LIMITED REORGANISATION OF CAPITAL

Participating Organisations are advised that the reorganisation of capital for Imugene Limited (the
"Company:") approved by shareholders today, 11 November 2002 will be effective from 12 November 2002.

The reorganisation is by way of consolidating every seven and a half fully paid ordinary shares in the capital of the Company into one fully paid ordinary share. Fractions will be rounded up

The following timetable will apply,

$11$ November 2002	Shareholder approval.
12 November 2002	Trading commences in the reorganised securities on a deferred basis. ASX Code:IMUDA
18 November 2002	Last day for the Company to register transfers on a pre- reorganisation basis.
19 November 2002	First day for the Company to register securities on a post reorganisation basis.
25 November 2002	Despatch date. Deferred settlement trading ends ASX Code IMU
26 November 2002	Normal T+3 trading commences.
29 November 2002	Settlement of trades conducted on a T+3 basis.

ASX Contact:	Jill Hewitt
Business Unit	Companies Perth
Ext.No:	6023
Date:	11 November 2002

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