( e company's claimsthe risk that the c...)Manhattan Pharmaceuticals Announces Results of Phase 2a Studies for,Oral Oleoyl-estrone,Health

e company's claims, the risk that the company's product candidates may not achieve market acceptance in North America or elsewhere, the company's reliance on third-party researchers to develop its product candidates, availability of patent protection, the risk that sufficient capital may not be available to develop and commercialize the company's product candidates, and the company's lack of experience in developing and commercializing pharmaceutical products. Additional risks are described in the company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-KSB for the year ended December 31, 2006. Manhattan Pharmaceuticals assumes no obligation to update these statements, whether as a result of new information, future events, or otherwise, except as required by law.

    Contact information

    Douglas Abel

    President & Chief Executive Officer

    212.582.3950 phone

CONTACT: Douglas Abel, President & Chief Executive Officer of ManhattanPharmaceuticals, Inc., +1-212-582-3950

Web site: http://www.manhattanpharma.com/

Ticker Symbol: (AMEX:MHA)

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