pSivida is pleased to announce the appointment of Ms. Heather Zampatti as a Non-executive Director of the Company, based in Perth, Australia. Ms. Zampatti is the National Head of Wealth Management, Australia for Bell Potter Securities, an Australian-owned private investment adviser and top 10 broker by trading volume on the ASX.Ms Zampatti has over 20 years experience in investment advising.The appointment of Ms. Zampatti to the pSivida board replaces Ms. Alison Ledger who has stepped down after 18 months of service to focus on new career initiatives.The appointment will broaden the Company’s relationships with Australian institutions. This announcement follows the closure of the acquisition of Control Delivery Systems (CDS), a private drug delivery company based near Boston, Massachusetts and several new evaluation agreements for the Company’s drug delivery technologies. The Company now has agreements with three of the top five pharmaceutical companies in the world. Kind regards, Brian LeedmanInvestor Relations pSivida LimitedLevel 12 BGC Centre28 The EsplanadePerth WA 6000 Tel: +61 8 9226 5099Dir: +61 8 9327 8920Fx: +61 8 9226 5499 brianl@psivida.comwww.psivida.com