SYNTARA LIMITED — Call Transcript 2008

Jul 20, 2008

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21 July 2008

PHARMAXIS INVESTOR CONFERENCE CALL

Pharmaxis Ltd (AXS:PSX, NASDAQ:PXSL) will release its June 2008 Quarterly Report to Shareholders on the afternoon of Wednesday 23[rd] July. Dr Alan Robertson will host an investor teleconference the following morning to review the quarter and answer investor questions.

The teleconference will be on Thursday 24[th] July at 8.00am (Sydney), (Wednesday 23[rd] July at 6.00pm U.S. East Coast, 3.00pm U.S. West Coast).

Telephone access (toll free) details are below:

• Australia: 1800 131 617

• USA/Canada: 866 746 2596

• UK: 0800 376 8339

• NZ: 0800 446 958

• Online (global access):http://services.choruscall.com/links/pharmaxis080724.html

A recording of the conference will be available on the Pharmaxis website home page approximately 3 hours later.

SOURCE: Pharmaxis Ltd, Sydney, Australia CONTACT: Pharmaxis Investor Relations T: +61 2 9454 7200, F +61 2 9451 3622, E: Investor.Relations@Pharmaxis.com.au Website: www.pharmaxis.com

Pharmaxis Ltd Unit 2, 10 Rodborough Road T 02 9454 7200 ABN 75 082 811 630 Frenchs Forest NSW 2086 F 02 9451 3622 Australia www.pharmaxis.com.au