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GenVec Reports Third Quarter 2009 Financial Results
Date:11/5/2009

$(3,562) $(6,839) $(14,052) $(19,649) ======= ======= ======== ======== Basic and diluted loss per share $(0.04) $(0.08) $(0.15) $(0.24) ====== ====== ====== ====== Shares used in computing basic and diluted net loss per share 101,001 88,422 93,953 80,884 ======= ====== ====== ======

                                      GenVec, Inc.
                            Selected Balance Sheet Information
                                     (in thousands)

                                              September 30, December 31,
                                                      2009         2008
                                                      ----         ----
                                                (Unaudited)

    Cash and investments                           $14,230      $17,357
    Working capital                                 10,753       11,728
    Total assets                                    16,513       22,767
    Stockholders' equity                            11,608       13,091

    Investor Contact:          Media Contact:
    GenVec, Inc.               Tiberend Strategic Advisors, Inc.
    Danielle M. DiPirro        Andrew Mielach
    (301) 944-1877             (212) 827-0020
    ddipirro@genvec.com        amielach@tiberendstrategicadvisors.com

SOURCE GenVec, Inc.


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SOURCE GenVec, Inc.
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