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Trubion Pharmaceuticals Inc. Reports Fourth-Quarter and Year-Ended 2007 Financial Results and Provides 2008 Financial Outlook
Date:3/13/2008

results it expects, and such other risks as identified in the company's quarterly report on Form 10-K for the period ended December 31, 2007, and from time to time in other reports filed by Trubion with the U.S. Securities and Exchange Commission. These reports are available on the Investors page of the company's corporate Web site at http://www.trubion.com. Trubion undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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For more information, contact:

Trubion Pharmaceuticals Inc.

Jim DeNike

Senior Director, Corporate Communication

(206) 838-0500

jdenike@trubion.com

Waggener Edstrom Healthcare

Jenny Moede

Senior Vice President

(503) 443-7000

jmoede@wagged.com

(Tables Follow)

TRUBION PHARMACEUTICALS. INC.

STATEMENTS OF OPERATIONS

(In thousands, except per share data)

Three months Twelve months

ended ended

December 31, December 31,

2007 2006 2007 2006

Revenue $5,698 $6,355 $20,148 $36,530

Operating expenses:

Research and development 8,265 9,858 36,466 33,309

General and administrative 3,181 2,372 10,833 9,473

Total operating expenses 11,446 12,230 47,299 42,782

Loss from operations (5,748) (5,875) (27,151) (6,252)

Interest income
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SOURCE Trubion Pharmaceuticals Inc.
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