PYC THERAPEUTICS LIMITED — Director's Dealing 2010

Jan 21, 2010

Appendix 3Y

Change of Director’s Interest Notice

Name of entity PHYLOGICA LIMITED ABN 48 098 391 961

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	Anthony Barton
Date of last notice	28 May 2009

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	DIRECT – 1,512,000 ordinary shares
	INDIRECT – 26,648,323 ordinary shares
Nature of indirect interest	Inglewood Lodge Pty Ltd (Director and
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	beneficiary) 2,151,388 ordinary shares
interest.
	Chelsworth Grange Pty Ltd (Director and
	beneficiary) 404,735 ordinary shares
	Laissez Faire et cie Pty Ltd (Director and
	beneficiary) 8,511,292 ordinary shares
	Anthony Barton Family Trust (Beneficiary)
	1,550,000 ordinary shares
	Barton Fisher Nominees Pty Ltd (Director)
	400,000 ordinary shares
	Merapin Pty Ltd (Director and beneficiary)
	290,000 ordinary shares
	AP and CH Barton Superfund (Beneficiary)
	3,288,000 ordinary shares
	Henley Park Estates Pty Ltd (Director and
	beneficiary) 3,250,000 ordinary shares
	Australian Heritage Group Pty Ltd (Director)
	6,802,908 ordinary shares
Date of change	22 JANUARY 2010
No. of securities held prior to change	28,160,323
Class	ORDINARY SHARES

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Number acquired	250,000
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$25,096
No. of securities held after change	DIRECT – 1,512,000 ordinary sharesINDIRECT – 26,898,323 ordinary shares
	Inglewood Lodge Pty Ltd (Director andbeneficiary) 2,151,388 ordinary sharesChelsworth Grange Pty Ltd (Director andbeneficiary) 404,735 ordinary sharesLaissez Faire et cie Pty Ltd (Director andbeneficiary) 8,511,292 ordinary sharesAnthony Barton Family Trust (Beneficiary)1,550,000 ordinary sharesBarton Fisher Nominees Pty Ltd (Director)400,000 ordinary sharesMerapin Pty Ltd (Director and beneficiary)290,000 ordinary sharesAP and CH Barton Superfund (Beneficiary)3,538,000 ordinary sharesHenley Park Estates Pty Ltd (Director andbeneficiary) 3,250,000 ordinary sharesAustralian Heritage Group Pty Ltd (Director)6,802,908 ordinary shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	ON MARKET PURCHASE OF SHARES

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.

Detail of contract	Nil
Nature of interest
Name of registered holder(if issued securities)

• See chapter 19 for defined terms.

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Appendix 3Y Page

11/3/2002

Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

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