Scully Royalty Ltd. — Director's Dealing 2006

Jan 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MYMETICS CORP (MYMX)
CIK: 0000927761
Period of Report: 2005-05-10

Reporting Person: KHD HUMBOLDT WEDAG INTERNATIONAL LTD. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-10	common stock, par value $0.01 per share	J	2500000	—	Acquired	3500000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock, par value $0.01 per share	1705250	Direct
common stock, par value $0.01 per share	344065	Indirect
common stock, par value $0.01 per share	371725	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Convertible Debt	$0.30	2006-12-31	common stock, par value $0.01 per share (0)	0	Indirect

Footnotes

F1: MFC Merchant Bank S.A., a bank organized under the laws of Switzerland, is wholly-owned by the Reporting Person.

F2: Mass Financial Corp. (formerly Sutton Park International Limited), a corporation organized under the laws of Barbados, is
wholly-owned by the Reporting Person.

F3: Lasernet Limited, a corporation organized under the laws of Liberia, is majority owned (as to approximately 62%) by the
Reporting Person.

F4: MFC Merchant Bank S.A., KHD Humboldt Wedag International Ltd. and the Issuer are parties to an Amended and Restated Credit
Facility Agreement dated for reference February 28, 2003, pursuant to which MFC Merchant Bank S.A. has agreed to make
available to the Issuer a non-revolving term facility, with KHD Humboldt Wedag International Ltd. acting as guarantor of the
Issuer's obligation with respect to repayment of that portion of the principal amount of in excess of Euro 2,000,000 and all
interest thereon. The parties have entered into amendment agreements providing for, among other things, an increase in the
maximum aggregate principal amount of all advances under the Restated Credit Facility Agreement from Euro 2,800,00 to Euro
3,700,000.

F5: Footnote (4) continued... On February 16, 2005, the parties entered into a further amendment agreement pursuant to which: (a)
the Issuer agreed to repay Euro 200,000 on June 30, 2005, Euro 300,000 on December 31, 2005, Euro 400,000 on June 30, 2006,
and the balance of all amounts outstanding under the credit facility on December 31, 2006; and (b) MFC Merchant Bank S.A.
was granted the right to convert all or part of the outstanding amounts under the credit facility into common shares of the
Issuer at a conversion price of US$0.30 per share. MFC Merchant Bank S.A. may exercise its conversion right at any time
until three banking days before any repayment date.

F6: Footnote (4) continued...The applicable Euro to US dollar exchange rate shall be the Forex Interbank exchange rate, fixed at
9:00 a.m. Greenwich Mean Time on the day of Merchant Bank's conversion notice. As at December 31, 2005, Euro 3,753,751.55
in principal and interest was outstanding under the credit facility. On December 31, 2005, the Forex Interbank exchange
rate was US$1.1844 to Euro 1.00. Assuming for illustrative purposes that MFC Merchant Bank S.A. elects to convert all of
the Euro 3,753,751.55 in principal and interest outstanding under the credit facility as at December 31, 2005, and that the
applicable Forex Interbank exchange rate on the date of MFC Merchant Bank S.A.'s conversion notice remains unchanged, MFC
Merchant Bank may acquire up to an additional 14,819,811 shares of common stock in the capital of the Issuer (Euro
3,753,751.55 x 1.1844 = US$4,445,943.34 divided by US$0.30 per share = 14,819,811 shares).

F7: MFC Merchant Bank S.A. received 2,500,000 shares of common stock in consideration of its agreement to extend the payment
dates under the Amended and Restated Credit Facility Agreement.