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Ardea Biosciences Announces $40 Million Private Placement
Date:12/20/2007

should not be regarded as a representation by Ardea that any future events will occur. There are a number of important factors that could cause Ardea's results to differ materially from those indicated by these forward-looking statements, including risks associated with the satisfaction of the closing conditions to the closing of the private placement and the risks and uncertainties described more fully in Ardea's most recently filed SEC documents, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors." All forward-looking statements contained in this press release speak only as of the date on which they were made. Ardea undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.


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