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Shareholders Approve All Matters Proposed by Cell Therapeutics, Inc. at Special Meeting in Lieu of Annual Meeting of Shareholders
Date:6/19/2008

dation therapy for indolent non-Hodgkin's lymphoma (NHL) patients if data obtained by the Company from Bayer Schering's FIT trial prove appropriate for such an application

-- Pending phase III clinical trial results from our ongoing pixantrone trial (BBR 2778), possible submission of a new drug application (NDA) for pixantrone to treat aggressive NHL

-- Expected completion of review of the OPAXIO(TM) (paclitaxel poliglumex, CT-2103) Marketing Authorization Application (MAA) by the European Medicines Agency (EMEA) for use in treating non-small cell lung cancer

"We appreciate the support of our shareholders in approving all items as it is important both from an operational and a strategic perspective as we work to build Cell Therapeutics into a successful commercial organization whose drugs make a profound impact on the daily lives of those with cancer," said James A. Bianco, M.D., President and CEO of CTI. "We believe that the next two years will be transformative for Cell Therapeutics as we have the potential to have multiple approved products in the oncology field. We look forward to updating investors with the progress that we are making on these key milestones."

Additional Information about the Board of Directors

Of the members of CTI's Board of Directors who were reelected or whose appointment was ratified at the shareholder meeting, Drs. Telling and Gregorian and Mr. Love are all independent directors whereas Dr. Bianco is not an independent director due to his position at the Company. Additionally, Dr. Gregorian is a member of the Audit Committee and Chairman of the Nominating and Governance Committee; Dr. Telling is a member of the Audit Committee and Chairman of the Compensation Committee; and Mr. Love is a member of the Compensation Committee. A detailed biography of each member of the Board of Directors can be located at http://www.CellTherapeutics.com.

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SOURCE Cell Therapeutics, Inc.
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