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Virotec Intl Ld (VTI)

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Wednesday 01 December, 2004

Virotec Intl Ld

Issue of Shares

Virotec International Ld
01 December 2004

1 December 2004

                            VIROTEC INTERNATIONAL LTD
                                        
                                ISSUE OF SHARES
                                        
Virotec International Ltd (ASX/AIM: VTI) advises that it has today issued the
following securities:

300,000 Ordinary shares issued at a price of A$0.54 (£0.225) per share to
        non-executive directors for services provided following the approval 
        of Virotec's shareholders at the Annual General Meeting held on 29 
        November 2004.

Application will be made for the shares to be admitted to dealings on AIM and
that dealings are expected to commence on or about 6 December 2004.

The current issued capital of Virotec is as follows:

203,902,005  Ordinary shares

3,747,500    Options (unquoted) with various expiry dates between 30 July 2005 
             and 31 March 2007 and exercisable at various exercise prices 
             between A$0.21 and A$1.00.


Angus Craig
Company Secretary

                           VIROTEC INTERNATIONAL LTD
                               ABN 81 004 801 398
                                   PO BOX 188
                            SANCTUARY COVE QLD 4212
                                   AUSTRALIA
                                www.virotec.com



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