LIVIUM LTD — Capital/Financing Update 2008

Jan 2, 2008

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3[rd] January 2008

ASX Announcement

DESPATCH OF NON-RENOUNCEABLE PRO RATA OFFER OF OPTIONS PROSPECTUS

The Company is pleased to announce the despatch today, 3[rd] January 2008, of the Prospectus for the non-renounceable pro rata offer of option as outlined to ASX on 14 December 2007.

Acceptance for the non-renounceable pro rata offer of options will close at 5pm on 17 January 2008.

Applicants should consult their brokers or professional advisors in regards to undertaking an investment in the offer.

Yours faithfully

Lisa Wynne Company Secretary