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Bavarian Nordic Receives $50 Million Advance Payment from HHS for Fulfilling Contract Milestones
Date:10/9/2007

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"Safe Harbour" Statement under the Private Securities Litigation Reform Act of 1995":

Except for the historical information contained herein, this release contains "forward-looking statements" within the meaning of the Private Securities Reform Act of 1995. No "forward-looking statement" can be guaranteed, and actual results may differ materially from those projected. Bavarian Nordic undertakes no obligation to publicly update any "forward-looking statement", whether as a result of new information, future events, or otherwise. Additional information regarding risks and uncertainties is set forth in the current Annual Report and in Bavarian Nordic's periodic reports, if any, which we incorporate by reference.


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