Ann: Response to ASX Query - Appendix 4C , page-10

The other negotiations relate to the development of NNZ-2566 through Phase 2 trials and
BEYOND. In this regard new investment is being sought to compliment the previously
announced US Army funding. These negotiations are ongoing and have taken longer than
indicated in our response to you dated 17 April 2009, however the Company believes that
once these negotiations are concluded IT WILL, in conjunction with US Army funding for the
NNZ-2566 Phase 2 trial, have funding available more than two quarters of activities


1: They are not negotiating...but in negotiations outlined in ANSWER2 for cap raising and licensing.

2:I like the term BEYOND the phase2 trails so maybe a deal to take nnz2566 through to the end this could be worth big dollars.