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QLT announces Visudyne(R) sales for third quarter and provides Visudyne sales guidance for 2007
Date:10/17/2007

tment regimen for AMD, and other statements which contain language such as "expects," "believes," "may," "projects," "outlook" and similar expressions which do not relate to historical matters. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from the results, performance or achievements expressed or implied by such statements. Many such risks, uncertainties and other factors are taken into account as part of our assumptions underlying these forward-looking statements and include, among others, the following: the risk that future sales of Visudyne may be less than expected (including as a result of the impact of existing competitive products or new products launched by competitors and the level of physician acceptance of Visudyne in combination with other agents), the uncertainty of and timing of pricing and the ability to obtain and maintain reimbursement might limit the future sales of Visudyne, QLT's reliance on third parties for the manufacture and marketing of Visudyne, general economic conditions and other factors that are described in detail in QLT's Annual Information Form on Form 10-K, quarterly reports on Form 10-Q and other filings with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Forward-looking statements are based on our current expectations and QLT does not assume any obligation to update such information to reflect later events or developments, except as may be required by law.

CONTACT: QLT Inc.: Vancouver, Canada, Tamara Hicks or Therese Hayes, Telephone: (604) 707-7000 or (800) 663-5486, Fax: (604) 707-7001


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