Pharmaxis Ltd (PXS) will release its December 2010 Quarterly Report to Shareholders on the afternoon of Tuesday 25^th January 2011. Pharmaxis CEO, Dr Alan Robertson, will host an investor teleconference the following Thursday morning to review the quarter and answer investor questions.

The teleconference will be on Thursday 27^th January at 8.30am (Sydney time).

Online access: https://services.choruscall.com/links/pharmaxis110127.html

Dial-in numbers for participants are as follows:

• Australia: 1800 838 758
• USA/Canada: 866 746 2596
• UK: 0800 376 8339
• NZ: 0800 446 958
• Switzerland: 0800 001 230
• Singapore: 800 120 4406
• Hong Kong: 800 962 283