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Pharmacyclics Files Schedule 14D-9 Statement with Securities and Exchange Commission
Date:5/14/2008

SUNNYVALE, Calif., May 14 /PRNewswire-FirstCall/ -- Pharmacyclics, Inc. (Nasdaq: PCYC) announced today that it has filed a Schedule 14D-9 Solicitation/Recommendation Statement with the Securities and Exchange Commission (the "Commission"), as required by the Commission's rules, in response to an unsolicited tender offer (the "Offer") by RWD Acquisition I LLC (the "Purchaser") to purchase up to 4 million shares of the common stock of Pharmacyclics, Inc. (the "Company") for $1.05 per share. The terms and conditions of the Offer are set forth in an Offer to Purchase and the related Letter of Transmittal (collectively, the "Offer to Purchase") filed with the Commission by the Purchaser on May 1, 2008. Robert W. Duggan, one of the Company's principal stockholders and a member of the Company's board of directors (the "Board") is the sole member of Purchaser.

The Board is expressing no opinion to the Company's stockholders and is remaining neutral with respect to the Offer. The Board has not made a determination whether the Offer is fair to or in the best interests of the Company's stockholders and is not making a recommendation regarding whether the Company's stockholders should accept the Offer and tender their Shares, and if so how many shares to tender, or reject the Offer and not tender their Shares. The Company believes that a stockholder's decision on whether or not to tender shares in the Offer and, if so, how many shares to tender, is a personal investment decision based upon each individual stockholder's particular circumstances. The Company believes that each stockholder should review the Offer, consult with such holder's financial, tax and accounting advisors and make an independent determination.

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