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Vasogen Announces Third Quarter 2007 Results
Date:10/9/2007

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Loss for the period

and comprehensive

loss (5,347) (14,566) (22,719) (56,336) (372,288)

Deficit, beginning of

period:

As previously

reported (370,378) (326,784) (351,374) (284,719) (1,510)

Impact of change

in accounting for

financial

instruments on

December 1, 2006 - - (1,632) - (1,632)

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As restated (370,378) (326,784) (353,006) (284,719) (3,142)

Charge for

acceleration

payments on equity

component of senior

convertible notes

payable - - - (295) (295)

-------------------------------------------------------------------------

Deficit, end of

period $(375,725) $(341,350) $(375,725) $(341,350) $(375,725)

-------------------------------------------------------------------------

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Basic and diluted

loss per share $ (0.24) $ (1.55) $ (1.21) $ (6.41) $ -

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VASOGEN INC.

(A DEVELOPMENT STAGE COMPANY)

Interim Consolidated Statements of Cash Flows

(In thousands of Canadian dollars)

(Unaudited)

-------------------------------------------------------------------------

Period from

December 1,

Three months ended Nine months ended 1987 to

August 31, August 31,
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SOURCE Vasogen Inc.
Copyright©2007 PR Newswire.
All rights reserved

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