Report for Second Quarter FY12

• 31 January 2012

  Highlights

  • Successful completion of capital raising program, gross proceeds of $4.5m received during the first half of FY12.
  • Strengthening of Antaria board with the appointment of Mr Lev Mizikovsky (Ankla Pty Limited) and Mr Rade Dudurovic.
  • High stock levels held from previous summer in Australia and lower sales in Europe have contributed to 25% decrease in sales for the first half of FY12 ($1.91 million) compared to the previous corresponding period in FY11 ($2.55 million).
  • ZinClear® family of products continues to lead group sales, with ZinClear-IM® comprising 74% of total sales ($1.42 million) dominated by sales to North America.
  • Orders on hand of approximately $850k, the majority of which are expected to be fulfilled in Q3 FY12.

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Substantial Shareholder - Nayan Jagjivan

• 23 December 2011

  Notice of change of interests of a substantial sharehold - Nayan Jagjivan.

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Substantial Shareholder - Ankla Limited

• 23 December 2011

  Notice of change of interests of a substantial sharehold - Ankla Limited.

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Placement

• 22 December 2011

  Appendix 3B - New Issue Announcement, Application for Quotation of Additional Securities and Agreement.

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Annual General Meeting - New Strategic Directions at Antaria

• 13 December 2011

  Following the conclusion of the recent capital raising, the Board has undertaken a strategic review of Antaria's businesses, with a view to building revenues and cash returns for shareholders.

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