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Sangamo BioSciences Reports First Quarter 2009 Financial Results
Date:4/29/2009

    SELECTED FINANCIAL DATA
    (in thousands, except per share data)
    (unaudited)

                                                      Three Months Ended
                                                           March 31,
                                                          -----------
                                                    2009               2008
                                                    ----               ----
    Consolidated Statement of Operations Data:
    Revenues
      Collaboration agreements                    $3,157             $2,084
      Research grants                                  -                681
                                                     ---                ---
       Total revenues                              3,157              2,765

    Operating expenses:
    Research and development                       7,256              8,646
    General and administrative                     2,926              2,927
                                                   -----              -----
    Total operating expenses                      10,182             11,573
                                                  ------             ------
    Loss from operations                          (7,025)            (8,808)
    Interest and other income, net                   193                836
                                                     ---                ---
    Net loss                                     $(6,832)           $(7,972)
                                                 =======            =======
    Basic and diluted net loss per
     common share                                 $(0.17)            $(0.20)
                                                  ======             ======
    Shares used in computing basic and
     diluted net loss per common share            41,066             40,489
                                         
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SOURCE Sangamo BioSciences, Inc.
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