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Beanstalk Capital Ltd. and iCo Therapeutics Inc. amend arrangement agreement
Date:10/31/2007

an be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management

information circular or filing statement to be prepared in connection

with the transaction, any information released or received with respect

to the transaction may not be accurate or complete and should not be

relied upon. Trading in the securities of a capital pool company should

be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the

proposed transaction and has neither approved nor disapproved the

contents of this press release.

CONTACT: Rod Shier, Chief Financial Officer, Beanstalk Capital Ltd., Telephone: (604) 682-2992 Ext. 222; John Meekison, Chief Financial Officer, iCo Therapeutics Inc., Telephone: (604) 602-9414 Ext. 224


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SOURCE Beanstalk Capital Ltd.
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