( ainties associated with thedevelopment...)Independent Publication Confirms Growing Therapeutic Challenge of,T315I Mutation in Patients with CML, Notes ChemGenex,Health

ainties associated with the development of the company's technology, the ability to successfully market products in the clinical pipeline, the ability to advance promising therapeutics through clinical trials, the ability to establish our fully integrated technologies, the ability to enter into additional collaborations and strategic alliances and expand current collaborations and obtain milestone payments, the suitability of internally discovered genes for drug development, the ability of the company to meet its financial requirements, the ability of the company to protect its proprietary technology, potential limitations on the company's technology, the market for the company's products, government regulation in Australia and the United States, changes in tax and other laws, changes in competition and the loss of key personnel. These statements are based on our management's current expectations and are subject to a number of uncertainties that could change the results described in the forward-looking statements. Investors should be aware that there are no assurances that results will not differ from those projected.

Contact

ChemGenex Pharmaceuticals
Dr. Greg Collier, CEO and Managing Director
Australia: +61 3 5227 2752
USA: +1 650 474 9800 ext 103
or
Dr. Dennis Brown, President and Director
USA: +1 650 474 9800 ext 108
Australia: +61 3 5227 2703

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