SYNTARA LIMITED — Director's Dealing 2012

Apr 30, 2012

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity PHARMAXIS LTD ABN 75 082 811 630

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Denis Hanley
Date of last notice	27 February 2012
Date that director ceased to be director	30 April 2012

Part 1 – Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Ordinary shares held directly: 1,210,073 Options over ordinary shares: 80,000

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Number & class of securities Note: Provide details of the circumstances giving rise to the relevant interest Ordinary shares held by Denis Hanley Pty Ltd as trustee for the Denis M Hanley Family Trust of 208,149 which Denis Hanley is a potential beneficiary, and ordinary shares held by Denis Hanley as trustee of the Denis Hanley Superannuation Fund of which Denis Hanley is a potential beneficiary.

Part 3 – Director’s interests in contracts

Detail of contract	n/a
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002