SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
AUSTIN JOSIAH T
(Last) (First) (Middle)
EL CORONADO RANCH
12626 TURKEY CREEK ROAD
(Street)
PEARCE AZ 85625
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NOVOGEN LTD [ NVGN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/09/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Sponsored ADRs, each convertible into 5 ordinary shares 04/21/2006 J(1) 2,500(2) D $0 2,092,942(3) I By Self as Trustee for the Christina E. Lowery Trust
Sponsored ADRs, each convertible into 5 ordinary shares 05/09/2006 P 5,000(4) A $12.47 2,097,942(5) I As Managing Member of El Coronado Holdings, LLC
Sponsored ADRs, each convertible into 5 ordinary shares 05/10/2006 P 10,100(6) A $12.33 2,108,042(7) I As Managing Member of El Coronado Holdings, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
AUSTIN JOSIAH T
(Last) (First) (Middle)
EL CORONADO RANCH
12626 TURKEY CREEK ROAD
(Street)
PEARCE AZ 85625
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
El Coronado Holdings, LLC
(Last) (First) (Middle)
12626 TURKEY CREEK ROAD
(Street)
PEARCE AZ 85625
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Mr. Austin ceased to be Trustee for the Christina E. Lowery Trust on April 21, 2006. As such, Mr. Austin is no longer deemed to beneficially own securities with respect to this Trust.
2. (representing 12,500 Ordinary Shares)
3. (representing 10,464,710 Ordinary Shares)
4. (representing 25,000 Ordinary Shares)
5. (representing 10,489,710 Ordinary Shares)
6. (representing 50,500 Ordinary Shares)
7. (representing 10,540,210 Ordinary Shares)
Remarks:
This report is filed jointly on behalf of Mr. Austin and El Coronado Holdings, LLC ("ECH"), an Arizona limited liability company of which Mr. Austin is the sole managing member. The address of ECH is 12626 Turkey Creek Road, Pearce, AZ 85625. ECH owns directly 2,081,042 Sponsored ADRs (representing 10,405,210 Ordinary Shares).
Josiah T. Austin, Individually, and as Managing Member of ECH 05/11/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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