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Marshall Edwards (MSH)

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Tuesday 02 December, 2003

Marshall Edwards

Additional Listing

Marshall Edwards, Inc.
02 December 2003


                              Marshall Edwards, Inc.

                               Additional Listing

Application has been made for a further 2,523,000 shares of common stock of
US$0.00000002 each in the Company to be admitted to trading on the Alternative
Investment Market pursuant to the exercise of warrants at US$4.00 each. It is
expected that dealings in this new common stock, which will rank pari passu in
all respects with the existing common stock, will commence on 5 December 2003.

2 December 2003


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