Pharmaxis Ltd (PXS) will release its December 2011 Quarterly Report to Shareholders on the afternoon of Tuesday 24^th January 2012. Pharmaxis CEO, Dr Alan Robertson, will host an investor teleconference the following morning to review the quarter and answer investor questions.

The teleconference will be on Wednesday 25th January 2012 at 8.30am (Sydney time).

Online access: https://services.choruscall.com/links/pharmaxis120125.html

Telephone access (toll free):

• Australia: 1800 838 758
• USA/Canada: 1866 707 7843
• UK: 0800 376 8338
• NZ: 0800 453 055

Telephone access (metered): +61 7 3107 6323