pSivida To Commence Trading On NASDAQ on January 27th; Webcast Of Investor Meeting To Be Broadcast On Internet

PERTH, Australia--(BUSINESS WIRE)--Jan. 26, 2005--pSivida Limited (ASX:PSD; FWB:PSI), the global nanotechnology company, today announced that its U.S. securities registration has been declared effective and it has received preliminary approval from NASDAQ for the listing of its American Depository Shares (ADSs) represented by American Depository Receipts (ADRs) on the NASDAQ National Market. The Company also announced it has selected Citigroup as its Depository Bank to administer the ADR program.