AMEX Accepts Lorus' Plan to Meet AMEX's Continued Listing...( TORONTO May 6 / Lorus Therapeutic...),Health

TORONTO, May 6 /PRNewswire-FirstCall/ - Lorus Therapeutics Inc. ("Lorus" or the "Company") (TSX: LOR; AMEX: LRP), a biopharmaceutical company specializing in the research and development of pharmaceutical products and technologies for the management of cancer, has received a notice from the American Stock Exchange ("AMEX") indicating that Amex has accepted Lorus' plan of compliance and granted the Company an extension until no later than August 13, 2009 to regain compliance with the AMEX's continued listing standards.

As previously disclosed, on February 19, 2008, the Company received notice from the AMEX staff indicating that the Company was not in compliance with the $6 million stockholder's equity threshold required for continued listing under AMEX Company Guide Section 1003(a)(iii). The Company was afforded the opportunity to submit a plan of compliance to the AMEX and on March 11, 2008 presented its plan to the AMEX. On April 30, 2008 AMEX notified the Company that it accepted the Company's plan of compliance and granted the Company an extension until August 13, 2009 to regain compliance with the continued listing standards.

The Company will be subject to periodic review by the AMEX during the extension period. Continued listing on AMEX is dependent upon making progress consistent with the plan or in regaining compliance with the continued listing standards by the end of the extension period.

About Lorus

Lorus is a biopharmaceutical company focused on the research and development of novel therapeutics in cancer. Lorus' goal is to capitalize on its research, preclinical, clinical and regulatory expertise by developing new drug candidates that can be used, either alone, or in combination with other drugs, to successfully manage cancer. Through its own discovery efforts and an acquisition and in-licensing program, Lorus is building a portfolio of promising anticancer drugs. Lorus Therapeutics Inc. is listed on the Toronto Stock E
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