Completion of Purchase

Proteome Sciences PLC 4 July 2002 PRESS RELEASE 4th July, 2002 Completion of Purchase From Aventis R & T The Board of Proteome Sciences plc is pleased to announce that it has now completed the acquisition of Xzillion Proteomics GmbH & Co. KG (Xzillion) the proteomics division of Aventis Research and Technologies GmbH & Co KG (Aventis R & T). The consideration, which valued Xzillion at £12.6m, was satisfied by the issue to Aventis R & T of 18 million new ordinary shares of 1p each in the Company, based on a price of 70p per share. Aventis R & T now owns 15.8% of the enlarged share capital of Proteome Sciences plc. - Ends - For further information please contact: Proteome Sciences plc Christopher Pearce, Chief Executive Tel: +44 (0) 1932 865065 E-mail : christopher.pearce@proteome.co.uk Public Relations Ikon Associates Adrian Shaw Tel: +44 (0)1483 271291 Mobile: +44 (0)797 9900733 E-mail:adrian@ikon-associates.com This information is provided by RNS The company news service from the London Stock Exchange
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