X0202 4 2007-03-20 1 0000353482 VIRAGEN INC VRA 0001266087 ALEXANDRA GLOBAL MASTER FUND LTD CITCO BUILDING, WICKAMS CAY P.O. BOX 662 ROAD TOWN, TORTOLA D8 VIRGIN ISLANDS, BRITISH 0 0 1 0 0001026736 ALEXANDRA INVESTMENT MANAGEMENT LLC 767 THIRD AVENUE 39TH FLOOR NEW YORK NY 10017 0 0 1 0 0001393983 Filimonov Mikhail 767 THIRD AVENUE, 39TH FLOOR NEW YORK NY 10017 0 0 1 0 Common Stock 2007-03-20 4 S 0 74300 0.05 D 35463339 D Common Stock 2007-03-20 4 S 0 398650 0.05 D 35064689 D Common Stock 2007-03-21 4 S 0 5064789 0.0223 D 29999900 D Common Stock 2007-03-21 4 S 0 20500000 0.0237 D 9499900 D Alexandra Global Master Fund Ltd. ("Alexandra") is the direct beneficial owner of the securities. Alexandra Investment Management, LLC ("AIM") is the investment advisor to Alexandra. Mikhail Filimonov is the Chairman, Chief Executive Officer, Chief Investment Officer and a Managing Member of AIM. By reason of these relationships, AIM and Mikhail Filimonov may be deemed to beneficially own the securities beneficially owned by Alexandra. AIM and Mikhail Filimonov each disclaims beneficial ownership of the reported securities except to the extent of their pecuniary interests therein. Joint Filer Information Each of the following filers has designated Alexandra Global Master Fund Ltd. as the "Designated Filer" for purposes of this Form 4. (i) Alexandra Investment Management, LLC 767 Third Avenue, 39th Floor, New York, NY 10017 (ii) Mikhail Filimonov 767 Third Avenue, 39th Floor, New York, NY 10017 ALEXANDRA GLOBAL MASTER FUND LTD., By: ALEXANDRA INVESTMENT MANAGEMENT, LLC, as Investment Advisor, By: /s/ Mikhail Filimonov, its Chairman and Chief Executive Officer 2007-03-22 ALEXANDRA INVESTMENT MANAGEMENT, LLC, By: /s/ Mikhail Filimonov, its Chairman and Chief Executive Officer 2007-03-22 /s/ Mikhail Filimonov 2007-03-22