ASX ANNOUNCEMENT

2 January 2013

The Manager

Company Announcements Office

ASX Limited

20 Bridge St

SYDNEY NSW 2000

Dear Sir

EXPIRY OF OPTIONS

Invion Limited (ASX:IVX) wishes to advise that the following unlisted options have expired

unexercised:

Security Code

Exercise price

Expiry

Number of options

IVX23

$2.00

31.12.12

710,000

IVX25

$3.00

31.12.12

600,000

Invion also advises that following notice given under paragraph 6.1 of Appendix 6A of the

ASX Listing Rules, the following listed options have also expired unexercised:

Security Code

Exercise price

Expiry

Number of options

IVXO

$1.00

31.12.12

35,874,849

Options currently on issue are as follows:

Security Code

Exercise price

Expiry

Number of options

IVX27

$0.517

16.05.15

1,700,000 (unlisted)

IVXAI

$0.09

09.11.17

29,125,000 (unlisted)

An Appendix 3B accompanies this announcement. For and on behalf of the Board

MELANIE FARRIS Company Secretary

Invion Limited ABN 76 094 730 417

Unit 2, 120 Bluestone Circuit, Seventeen Mile Rocks, QLD 4073 P +61 7 3295 0500 F +61 7 3295 0599 www.invion.com.au

Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

Invion Limited

ABN

76 094 730 417

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).


1 +Class of +securities issued or to be issued

Share Options


2 Number of +securities issued or to be issued (if known) or maximum number which may be issued

35,874,849 listed Share Options (IVXO)

exercisable at $1.00 on or before

31 December 2012.

710,000 unlisted Share Options exercisable at $2.00 on or before 31 December 2012.

600,000 unlisted Share Options exercisable at $3.00 on or before 31 December 2012.


Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid

+securities, the amount outstanding and due dates for payment; if +convertible

securities, the conversion price and dates for conversion)

As above.

+ See chapter 19 for defined terms.

1/1/2003 Appendix 3B Page 1


4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?
If the additional securities do not rank equally, please state: