1 December 2008

Results of 2008 Annual General Meeting

Adelaide, Australia, 1 December 2008 – Ellex Medical Lasers Limited (ASX:ELX), a global leader in the design and manufacture of ophthalmic laser and ultrasound systems, is pleased to announce the results of resolutions put to the 2008 Annual General Meeting.

Resolution 2a: To re-elect Mr Alex Sundich, who retires by rotation as a Director

The instructions given to validly appoint proxies in respect of the resolution were as follows:

In Favour

Against

Abstention

Proxy’s Discretion

13,455,386

4,896,632

75,900

841,675

Result: Carried

Resolution 2b: To elect Mr Giuseppe Canala as a Director

The instructions given to validly appoint proxies in respect of the resolution were as follows:

In Favour

Against

Abstention

Proxy’s Discretion

13,643,856

4,654,622

130,940

840,175

Result: Carried

Resolution 2c: To elect Mr Malcolm Plunkett as a Director

The instructions given to validly appoint proxies in respect of the resolution were as follows:

Favour

Against

Abstention

Proxy’s Discretion

11,855,702

6,442,776

130,940

840,175

Result: Carried

Resolution 3: To elect Mr Ruediger Naumann-Etienne as a Director

The instructions given to validly appoint proxies in respect of the resolution were as follows:

In Favour

Against

Abstention

Proxy’s Discretion

7,122,027

11,197,663

54,240

895,663

Results of a poll taken at the end of the Annual General Meeting:

In Favour

Against

Abstention

8,870,575

12,749,826

64,240

Result: The resolution was not carried as an ordinary resolution.

Resolution 4: To adopt the Remuneration Report as set out in the Directors Report and Annual Report for the year to June 2008

 

Favour

Against

Abstention

Proxy’s Discretion

15,570,559

2,582,758

276,741

839,535

 

Result: Carried

The Board of Ellex advises that after the closure of the 2008 Annual General Meeting, Computershare, Ellex’s share registry agents, notified Ellex of an error in Computershare’s proxy vote calculations. Computershare have unreservedly apologised for this error.

The effect of the error is that certain proxies lodged with Computershare were not included in Computershare’s final proxy advice to the Chairman prior to the close of the Annual General Meeting. This resulted in such proxies not being included in the Chairman’s declaration of, and ruling on, proxy votes to members prior to resolutions being put to members at the Annual General Meeting.

After taking legal advice the Board has ruled that it would not be valid or appropriate to alter the Chairman’s proxy vote declarations and rulings made at the Annual General Meeting.

 

About Ellex

Ellex Medical Lasers Limited (ASX:ELX) designs, manufactures and sells a complete line of lasers and diagnostic ultrasound systems used by ophthalmologists to diagnose and treat eye diseases. With more than 14,000 systems delivered to the market, Ellex has evolved since 1985 from a manufacturing company of primarily OEM products, to direct marketing of its own branded products through subsidiaries in the United States, Japan and Australia, and a network of distribution partners in more than 100 countries. In December 2006 Ellex acquired Innovative Imaging, a leading provider of diagnostic ultrasound devices for ophthalmology, initiating the expansion of its product line beyond lasers. Ellex maintains a strong emphasis on intellectual property and research into new and better treatments to manage and treat the leading causes of blindness.