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Virotec Intl Ld (VTI)

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Friday 01 April, 2005

Virotec Intl Ld

Issue of Equity

Virotec International Ld
01 April 2005

VIROTEC INTERNATIONAL LTD

1 April 2005

                               EXERCISE OF OPTIONS

Virotec International Ltd (ASX/AIM: VTI) advises that it has issued a total of
515,000 ordinary shares as follows:

 285,000 Ordinary shares following the exercise of options exercisable at A$0.50
         each on or before 30 September 2006 issued to employees pursuant to the 
         Virotec Option Incentive Scheme.
 110,000 Ordinary shares following the exercise of options exercisable at A$0.50
         each on or before 30 September 2007 issued to employees pursuant to the
         Virotec Option Incentive Scheme.
 100,000 Ordinary shares following the exercise of options exercisable at A$0.30
         each on or before 31 March 2005 issued to employees pursuant to the 
         Virotec Option Incentive Scheme.
  20,000 Ordinary shares following the exercise of options exercisable at A$0.50
         each on or before 31 March 2007 issued to employees pursuant to the 
         Virotec Option Incentive Scheme.

Under the terms of the Virotec Option Incetive Scheme, options can generally
only be exercised by employees during two periods each year, being one month
immediately following the release of the half year and full year financial
results.

The current issued capital of Virotec is as follows:

204,417,005   Ordinary shares

4,312,500     Options (unquoted) with various expiry dates between 30 July 2005 
              and 30 September 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
                                www.virotec.com




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