Press Releases

Administration of Alizyme plc and Alizyme Therapeutics Limited: Update

Dated: Thursday 15 October 2009

NOTICE OF CANCELLATION OF LISTING FROM THE OFFICIAL LIST

Comment from Ian Carr, Joint Administrator of Alizyme plc and Alizyme Therapeutics Limited

"Following my request, the Financial Services Authority has cancelled the ordinary shares in Alizyme plc - in administration, from the Official List of the London Stock Exchange effective from 14 October 2009.

This step will allow me to dispose of the assets of Alizyme plc and Alizyme Therapeutics Limited for the benefit of the creditors and shareholders of the two companies. It does not affect the respective rights of the shareholders of Alizyme plc to potentially receive a dividend from the remaining net assets of Alizyme plc, if the creditors of Alizyme plc are fully repaid."


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