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*InNexus Biotechnology Inc. 
Listed Company 

INNEXUS BIOTECHNOLOGY INC. ("IXS")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: March 16, 2007
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 496,808 shares with 322,925 share purchase warrants, where each warrant entitles the holder to purchase one common share in the capital of the Company for a two-year period at a price of $1.17, to settle outstanding debt for US$599,406.

Number of Creditors: 1 Creditor

For further information please see the Company's news release dated January 24, 2007.

The Company shall issue a news release when the shares and warrants are issued and the debt extinguished.

TSX-X
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