Pretty much everything is going good. No announcements regarding...

Pretty much everything is going good. No announcements regarding deposits. They will show it in the quarterly. "We are very happy with the Varm Cosmo deal and it is proceeding on track. We will not be advising the market or our shareholders every time we get a receipt or revenue from contracts in our Derma or Pharma businesses, just to be clear. Moving forward this will be in our quarterlies. The Board and Management fully understand the interest in this specific issue of the Varm Cosmo contract and deposit. We are very confident this binding contract is only the first of 3 we will be completing with Varm Cosmo, per our previous ASX releases. Thanks for your support as a shareholder. Regards, MGC Pharmaceuticals Ltd Level 7 | 1008 Hay Street | Perth WA 6000 | Australia Tel +61 8 9389 2000 | Fax +61 8 9389 2099 E-mail [email protected] | Web www.mgcpharma.com.au"