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Osteologix Announces Dividend
Date:12/20/2011

Fractures caused by osteoporosis affect one in two women and one in five men over the age of 50.

About Osteologix

Osteologix is a specialty pharmaceutical company focused on the development of therapies for the treatment and prevention of diseases of bone and joint tissues. In July, 2010 Osteologix granted the Servier Research Group an exclusive royalty bearing license to developand commercialize strontium salt products covered by Osteologix's patent rights to treat post menopausal osteoporosis, other bone and joint disorders and dental indicationsworldwide, except in the U.S. Shares of the Company stock are traded on the Pink Sheets under the ticker symbol OLGXF.  For more information please visit http://www.osteologix.com.

SafeHarbor Statement:

Statements in this press release are not strictly historical, including statements about product development and commercialization, royalties from Servier, dividend payments and patent protection and are forward-looking statements made pursuant to the safe-harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected or assumed in such forward-looking statements, including, without limitation, Osteologix's obligations to AditechPharma AB, risks related to Servier's ability to conduct additional clinical trials of licensed products, Servier's ability to obtain approval from government authorities for the sale and distribution of licensed products, Servier's compliance with terms of our agreement, market acceptance of licensed products and potential success and introduction of competing products. Additional factors that could cause actual results to differ materially are included under the heading "Risk Factors" in Part II, Item 1A of the Osteologi
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SOURCE Osteologix Holdings PLC
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