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Keryx Biopharmaceuticals, Inc. Announces Fourth Quarter and Year-End 2008 Financial Results
Date:3/12/2009

-- (34) (175) (756) NET LOSS $(3,807) $(29,261) $(52,881) $(90,062) NET LOSS PER COMMON SHARE Continuing operations $(0.08) $(0.67) $(1.17) $(2.05) Discontinued operations -- (--)* (0.01) (0.02) Basic and diluted net loss per common share $(0.08) $(0.67) $(1.18) $ (2.07) SHARES USED IN COMPUTING NET LOSS PER COMMON SHARE Basic and diluted 46,551,950 43,651,587 44,902,398 43,583,950 * Amount less than one cent.

    Balance Sheet Information (Unaudited):

                                         December 31,           December 31,
                                                2008                   2007
    Cash, cash equivalents, interest
     receivable and short-term
     investment securities                    $15,467                $62,386
    Long-term investment securities             7,185                  2,296
    Total assets                               26,634                 81,061
    Stockholders' (deficit) equity             (1,489)                44,422


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