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Aspreva Sends Materials for Special Meeting to be Held December 17
Date:11/23/2007

Shareholders and Optionholders to Vote on Proposed Plan of Arrangement with

Galenica

VICTORIA, Nov. 23 /PRNewswire-FirstCall/ - Aspreva Pharmaceuticals Corporation (NASDAQ: ASPV; TSX: ASV) today announced that meeting materials regarding a special meeting to consider the proposed statutory plan of arrangement ("Arrangement") with Galenica Group (SWX: GALN) have been mailed to Aspreva shareholders and optionholders of record. Copies of the meeting materials, including the management information circular and forms of proxy, are available on the United States Securities and Exchange Commission's website at http://www.sec.gov, and on the Canadian provincial securities authorities SEDAR website at http://www.sedar.com.

As indicated in the management information circular mailed today, Aspreva's Board of Directors has approved the Arrangement and recommends that Aspreva shareholders vote in favor of the resolutions approving the Arrangement at the special meeting. As previously announced on October 17, 2007, Aspreva entered into a combination agreement with Galenica Group under which Galenica, through a wholly-owned subsidiary, agreed to acquire all of Aspreva's outstanding shares at a price of US$26.00 per share in cash. The total value of the transaction is approximately US$915 million.

On November 15, 2007 Aspreva obtained an interim order from the British Columbia Supreme Court approving, among other things, the holding of a special meeting of Aspreva shareholders and optionholders to consider the Arrangement. The special meeting will be held on December 17, 2007 at 10:00AM
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SOURCE Aspreva Pharmaceuticals
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