Diversa Limited : Results of Annual General Meeting

28 November 2012

DIVERSA LIMITED Annual General Meeting

In accordance with ASX listing rule 3.13.2 and Section 251AA of the Corporations Act, we advise the outcome of the resolutions put to shareholders at the Annual General Meeting of Diversa Limited (the 'Company') held on Wednesday 28 November 2012.
The business considered at the meeting as ordinary resolutions is set out below:

ORDINARY BUSINESS

Item 1 - To receive and consider the Annual Report and the financial statements of the
Company and its controlled entities for the financial year ended 30 June 2012 together with the related Directors' Report, Directors' Declaration and Auditor's
Report.
Resolution 1 - That the Remuneration Report for the year ended 30 June 2012 is approved for the purposes of the Corporations Act.
Resolution 2 - That Mr Matthew Morgan who, in accordance with Listing Rule 14.4 and rule 16.1 of the Company's Constitution retires by rotation and being eligible, offers himself for re-election, be re-elected as a Director.

SPECIAL BUSINESS

Resolution 3 - For the purposes of ASX Listing Rule 7.1A and for all other purposes, Shareholders approve the Company having the additional capacity to issue equity securities under Listing Rule 7.1A, on the terms and conditions set out in the Explanatory Memorandum. (special resolution)
Resolution 4 - That for the purposes of ASX Listing Rule 7.1 and Listing Rule 7.2, exception 9 and for all other purposes, that approval be renewed for a further period of three years from the date of this Annual General Meeting for the issue of Shares under the Company's Executive Officer Share Plan, details of which are set out in the Explanatory Memorandum.
Resolution 5 - That, subject to the passing of Resolution 4, for the purposes of Listing Rule 10.14 and for all other purposes, the Company be authorised to issue up to 5,000,000 fully paid ordinary Shares to Directors of the Company under the Company's Executive Officer Share Plan, in lieu of Directors' fees that would otherwise be payable in cash, during the three years after the date of this Annual General Meeting.
Resolution 6 - That for the purposes of Listing Rule 7.1 and for all other purposes, approval be given for the issue of up to 1,976,000 Shares at an issue price of $0.05 per Share to sophisticated investors on the terms set out in the Explanatory Memorandum.
All resolutions were passed on a show of hands.

Diversa Limited ABN 60 079 201 835 Level 11, Waterfront Place, 1 Eagle Street, Brisbane, Queensland 4000

T [phone] F [phone] E [e-mail] W www.diversa.com.au

Proxy votes were received from 51 shareholders. In respect of each resolution, the total number of proxy votes exercisable by all proxies validly appointed and the total number of proxy votes in respect of which the appointments specified that:
1. The proxy was to vote for the resolution;
2. The proxy was able to vote at the proxy's discretion;
3. The proxy was to vote against the resolution; and
4. The proxy was to abstain on the resolution
are set out below:

	For	Open	Against	Abstain
Resolution 1	8,336,541	2,167,770	1,486,804	6,154
Resolution 2	15,074,272	2,169,847	109,916	6,154
Resolution 3	15,047,731	2,169,847	140,764	1,847
Resolution 4	2,722,208	103,296	1,493,726	0
Resolution 5	2,722,208	103,296	1,493,726	0
Resolution 6	7,392,985	2,171,321	141,786	0

For further information please contact:

Angus Craig, Diversa Group, 07 3212 9250 or [e-mail]

Diversa Limited ABN 60 079 201 835 Level 11, Waterfront Place, 1 Eagle Street, Brisbane, Queensland 4000

T [phone] F [phone] E [e-mail] W www.diversa.com.au