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Senesco Technologies Reports Third Quarter Fiscal 2008 Financial Results
Date:5/16/2008

dic filings with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with the Company's periodic filings with the SEC. The forward-looking statements contained herein are made only as of the date of this press release, and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Company Contact: Investor Relations Contact:

Senesco Technologies, Inc. FD

Joel Brooks Brian Ritchie

Chief Financial Officer brian.ritchie@fd.com

jbrooks@senesco.com 212-850-5600

(732) 296-8400

(tables to follow)

SENESCO TECHNOLOGIES, INC. AND SUBSIDIARY

(A DEVELOPMENT STAGE COMPANY)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

For the For the For the

Three Three Nine

Months Months Months

Ended Ended Ended

March 31, March 31, March 31,

2008 2007 2008

Revenue $79,167 $6,250 $456,667

Operating Expenses:

General and

administrative 876,966 514,189 1,851,876

Research and development 474,176 314,294 1,219,325

Total Operating Expenses 1,351,142 828,483 3,071,201

Loss From Operations (1,271,975) (822,233) (2,614,534)

Sale of state income

tax loss, net
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SOURCE Senesco Technologies, Inc.
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