PHARMX TECHNOLOGIES LIMITED — Capital/Financing Update 2003

Jan 9, 2003

1. JAN. 2003 13:22

MAYNE GROUP LINITED 03 98680757

10 January 2003

Company Announcements Office Australian Stock Exchange Level 4 20 Bridge Street Sydney NSW 2000

Mayne Group LimitedABN 56 004 073 410

Level 21 390 St Kilda Road Melboume Vic 3004 Phone 61 3 9868 0875Fax 61 3 9868 0757

Dear Sir

Acquisition of AMFAC

For your reference, attached is an announcement by Cosmos Limited regarding an agreement between Mayne's subsidiary, Faulding Healthcare Pty Ltd and Cosmos Limited.

Yours faithfully, Mayne Group Limited

Sanauskee

Karen Kee Manager, Group Secretariat Services

Encl.

NO. 823034 P. 2 2/2

10th January 2003

COSMOS Limited

ABN 25 000 091 305 Level 3 302-306 Elizabeth Street Surry Hills Ph: 612 9211 2177 Fax: 612 0211 3113 GPO Box 4909 Sydney NSW 2001 exec@cosmos.com.au

By Facsimile: 1 300 300 021

The Company Announcements Office Australian Stock Exchange Limited 4th Floor, Exchange Centre 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

ACQUISITION OF AMFAC

The Directors would like to advise that Cosmos Limited has concluded an agreement to acquire the business known as AMFAC from Faulding Healthcare Pty Ltd for an amount of $2.45M to be paid over an agreed

Yours faithfully,

wahos

Nigel Purves Company Secretary

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