Form of Proxy

PARADIGM BIOPHARMACEUTICALS LIMITED

BD Client Code:

Client Name:

Number of Shares Held in a BD Nominee Company:

No.	Proposition		For	Against	Abstain
1	RATIFICATION OF PRIOR ISSUE OF PLACEMENT SHARES UNDER LISTING RULE 7.1
2	RATIFICATION OF PRIOR ISSUE OF PLACEMENT SHARES UNDER LISTING RULE 7.1A
3	APPROVAL TO ISSUE PLACEMENT OPTIONS
4	APPROVAL TO ISSUE SPP OPTIONS
5	APPROVAL TO ISSUE TRANCHE 4 CONVERTIBLE NOTES TO OBSIDIAN GLOBAL GP, LLC