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NUCRYST Pharmaceuticals announces year-end results
Date:2/14/2008

currency

translation

adjustments - - - (209)

Net loss - - - -

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

December 31, 2006 18,309,613 82,672 482 (5,490) (34,078)

Issuance of common

shares in connection

with restricted

shares and exercises

of stock options 57,950 104 - -

Stock-based

compensation - - 1,029 -

Foreign currency

translation

adjustments - - - 6,047

Net loss - - - -

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

December 31, 2007 18,367,563 $ 82,776 $ 1,511 $ 557

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

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

(thousands of Total Total

U.S. dollars, Accumulated Comprehensive Shareholders'

except share data) Deficit Loss Equity

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

December 31, 2005 (23,579) (3,742) 13,769

Issuance of common

shares upon

conversion of

indebtedness to

related party

(note 9) - - 39,642

Issuance of common

shares in connection

with restricted

shares and exercises

of stock options

and share

appreciation rights - - 401

Stock-based

compensation - -
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SOURCE NUCRYST Pharmaceuticals Corp.
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