Ann: ALLOT: BRM: BRM - Issue of Securities - 30 M

• Release Date: 30/03/12 14:16
• Summary: ALLOT: BRM: BRM - Issue of Securities - 30 March 2012
• Price Sensitive: No
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BRM
30/03/2012 12:16
ALLOT

REL: 1216 HRS Barramundi Limited

ALLOT: BRM: BRM - Issue of Securities - 30 March 2012

ISSUE OF SECURITIES
The following information is provided in accordance with Listing Rule 7.12.1

a) Class of security: Ordinary Shares

 ISIN: NZBRME0001S2

b) Number of ordinary shares issued: 1,107,904

c) Issue Price: $0.6198

d) Payment: Issue of shares under Dividend Reinvestment Plan.
       439,568 shares are issued from treasury stock and    668,336 by
way of new shares issued.

e) Amount paid up: Fully paid up

f) Percentage of the total class of securities 0.95%
 issued (after the issue):

g) Reason for the issue: Dividend Reinvestment

h)  Specific authority for the issue: Directors resolution and in accordance
with LR 7.3.11(e)

i) Terms or conditions of the issue The shares rank pari passu with existing
ordinary
  shares

j) Total number of ordinary shares in 116,214,443 (excluding treasury of nil)

 existence after the issue:

k) N/A

l) Date of issue: 30 March 2012

___________________
James Miller - Chairman
Barramundi Limited
End CA:00221380 For:BRM    Type:ALLOT      Time:2012-03-30 12:16:22