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NeoStem Achieves New Milestone as Company Joins Russell 3000 Index
Date:6/28/2010

NEW YORK, June 28 /PRNewswire-Asia-FirstCall/ -- NeoStem, Inc. ("NeoStem" or the "Company") (NYSE Amex: NBS), an international biopharmaceutical company with operations in the U.S. and China, announced that it has been added to the broad-market Russell 3000 Index with Russell Investments' reconstitution of its comprehensive set of U.S. and global equity indexes effective June 25, according to a list of additions posted on http://www.russell.com .

"Joining the Russell indices represents an important milestone in NeoStem's history. As part of the Russell indices, we see the opportunity to increase the Company's visibility within the investment community and further diversify our shareholder base," said Robin Smith, NeoStem's Chairman and CEO. "Our selection to join the indexes reflects the increase in the Company's market capitalization over the past year and the positive momentum as we advance our adult stem cell therapies in China and the acquisition of a profitable and growing majority-owned pharmaceutical subsidiary, Suzhou Erye."

Annual reconstitution of Russell's U.S. indexes captures the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the

SOURCE NeoStem, Inc.
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4. NeoStem to Ring Opening Bell at New York Stock Exchange on May 27, 2010
5. NeoStem Announces Conversion of Convertible Preferred Stock by Principal Shareholder
6. NeoStem Provides Update on its Pharmaceutical Subsidiary Suzhou Erye
7. NeoStem, Inc. to Present at NASDAQ MarketSite
8. NeoStem, Inc. and ImmuneRegen BioSciences(R) Announce a Collaborative Agreement to Advance Stem Cell Technology
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10. NeoStem Announces Presentation Time Change at Roth Capital Partners 22nd Annual OC Growth Stock Conference
11. NeoStem Enters into SRA with University of Michigan; Funding from NIH Stem Cell Research Grant
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