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CEL-SCI Corporation Reports Second Quarter 2008 Financial Results
Date:5/16/2008

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General and administrative 2,754,569 2,368,850

Total Expenses 4,954,066 3,638,031

LOSS FROM OPERATIONS (4,952,536) (3,592,516)

GAIN (LOSS) ON DERIVATIVE INSTRUMENTS (170,949) 271,891

INTEREST INCOME 335,987 172,665

INTEREST EXPENSE (265,531) (688,284)

NET LOSS BEFORE INCOME TAXES (5,053,029) (3,836,244)

INCOME TAX PROVISION - -

NET LOSS $(5,053,029) $(3,836,244)

DIVIDENDS (424,815) -

NET LOSS AVAILABLE TO COMMON

SHAREHOLDERS $(5,477,844) $(3,836,244)

NET LOSS PER COMMON SHARE (BASIC) $(0.05) $(0.05)

NET LOSS PER COMMON SHARE (DILUTED) $(0.05) $(0.05)

WEIGHTED AVERAGE COMMON

SHARES OUTSTANDING 116,008,631 83,377,267


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SOURCE CEL-SCI Corporation
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