pSivida Limited Directors To take Up Entitlements Under The Rights Issue

BOSTON & PERTH, Australia--(BUSINESS WIRE)--June 5, 2006--Global bio-nanotech company pSivida Limited (NASDAQ:PSDV - News; ASX:PSD - News; Xetra:PSI - News) today announced that the eligible Directors of the Company have confirmed that they will be taking up rights to subscribe for pSivida shares under their respective individual entitlements.

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