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XTL Biopharmaceuticals Announces Financial Results for the Year Ended December 31, 2007
Date:3/20/2008

xtlbio.com . The information in our website is not incorporated by reference into this press release and is included as an inactive textual reference only.

XTL Biopharmaceuticals Ltd.

Selected Consolidated Financial Data

(Thousands of US Dollars, Except Share and Per Share Data)

Statements of Operations Information:

Year ended December 31,

2007 2006

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

(unaudited)

Revenues:

Reimbursed out-of-pocket expenses -- --

License 907 454

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

907 454

Cost of revenues:

Reimbursed out-of-pocket expenses -- --

License (with respect to royalties) 110 54

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

110 54

Gross margin 797 400

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

Research and development costs (includes

$7,500 initial upfront license fee in

2007 and also includes non-cash stock

option compensation of $141 and $173,

in 2007 and 2006, respectively) 18,998 10,229

Less - participations 56 --

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

18,942 10,22
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SOURCE XTL Biopharmaceuticals Ltd.
Copyright©2008 PR Newswire.
All rights reserved

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