Ann: PharmAust Completes Share Purchase Plan, page-97

As a share holder holder I was very disappointed and some what dismayed with the announcement that Dr Thurn had resigned. But very happy to see his return and to see him and his new team leading PAA into the future.

What was more dismaying and disappointing was after the announcement of Dr Thurn's resignation the old BoD offered nothing in the way they thought PAA should be progressing with out Dr Thurn, in fact there was nothing on anything until the ann about the spill. The old BoD could have put their case forward, what ever it was, but chose not to, yet many here blame Dr Thurn for the current SP. It would seem stones are being thrown in the wrong direction.

The old BoD and most share holders here including myself still have something in common, that being we have confidence in the new BoD and the direction in which PAA is heading other wise we would have sold our holdings.

REPEAT the old BoD are still MAJOR SHAREHOLDERS!!!!

Good luck to all