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Tepnel Shareholders Approve Acquisition by Gen-Probe
Date:3/16/2009

SAN DIEGO, March 16 /PRNewswire-FirstCall/ -- Gen-Probe Incorporated (Nasdaq: GPRO) announced that shareholders of Tepnel Life Sciences, PLC (AIM: TED) approved the acquisition of Tepnel by Gen-Probe by the requisite majorities at Court and General Meetings held in London earlier today.

More than 99% of Tepnel shareholders voted in favor of the acquisition, which was first announced on January 30, 2009 and is structured as a "scheme of arrangement" under English law. The transaction is expected to close on or around April 8, pending additional court proceedings.

Additional information about today's meetings can be found on the investor relations section of Tepnel's website at: http://miranda.hemscott.com/servlet/HsPublic?context=ir.access.jsp&ir_client_id=2374&ir_option=RNS_HEADLINES&transform=investor_home&links=home&disclaimer=prices&side=shareprice.

Discussion of Dealing Disclosure Requirements Under UK Law

Under the provisions of Rule 8.3 of the UK Takeover Code (the "Code"), if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of Tepnel, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3:30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, un
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SOURCE Gen-Probe Incorporated
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