INVION LIMITED — Director's Dealing 2011

Mar 22, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity          CBIO LIMITED
ABN                     76 094 730 417

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MR STEPHEN STREETER
Date of last notice	9 March 2011

Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	1. S & M Streeter Investments Co PtyLtd.2. AustralianBiofundInvestmentsLimitedMr Streeter is a Director and shareholder ofthe entities identified above.
Date of change	18-22 March 2011
No. of securities held prior tochange	1. S & M Streeter Investments Co PtyLtd: 256,589 ordinary shares &1,550,000 share options.2. AustralianBiofundInvestmentsLimited: 199,553 ordinaryshares
Class	Ordinary
Number acquired	Nil
Number disposed	S & M Streeter Investments Co Pty Ltd-50,000 shares
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$24,890

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after 1. S & M Streeter Investments Co Pty change Ltd: 206,589 ordinary shares & 1,550,000 share options. 2. Australian Biofund Investments Limited: 199,553 ordinary shares Nature of change Disposal by an entity in which Mr Streeter is Example: on-market trade, off-market trade, exercise of options, a Director. issue of securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

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----- Start of picture text ----- Detail of contract n/aNature of interest n/aName of registered n/aholder(if issued securities)Date of change n/aNo. and class of n/asecurities to whichinterest related priorto changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired n/aInterest disposed n/aValue/Consideration n/aNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change n/a----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Part 3 – [+] Closed period

Were the interests in the securities or No contracts detailed above traded during a + closed period where prior written clearance was required? If so, was prior written clearance n/a provided to allow the trade to proceed during this period? If prior written clearance was provided, n/a on what date was this provided?

• See chapter 19 for defined terms.

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