Directorate Change

Proteome Sciences PLC 13 May 2003 PROTEOME SCIENCES APPOINTS DR. SANDRA STEINER AS R&D DIRECTOR For immediate release 13th May 2003 Proteome Sciences plc (Proteome Sciences) is pleased to announce that Dr. Sandra Steiner has been appointed to the Board as Research and Development Director with immediate effect. She will be based at the Company's head office in Cobham, Surrey, UK. Dr. Steiner was Executive Vice President of Proteomics at Large Scale Biology Corporation, Germantown, US (LSBC) until this announcement, having previously been the founder and Head of Molecular Toxicology/Pharmacogenomics at Novartis Pharma AG Basel in the period between 1992 and 1998. Prior to that, she worked at Ciba-Geigy AG and Shell Research Limited. At LSBC, she was responsible for developing and managing proteomics programmes and collaborations with industry, academia and government as well as providing scientific and strategic leadership for the business unit at LSBC Proteomics. This also involved the establishment of mass spectrometry and protein chemistry departments in addition to the expansion and automation of protein separation activities. This important appointment has been made to allow Proteome Sciences to respond to the growing development, licensing and commercialisation interest that is being generated. This is a direct result of highly specific and sensitive protein markers identified by the Company in major disease areas, in particular stroke, nvCJD, BSE, neurodegenerative, cancer, transplant rejection, cardiovascular and diabetes/obesity and the development of protein sequence tag technology (PSTTM, TMTTM, SensitizerTM) following the acquisition of the Aventis proteomics facility in Frankfurt in 2002. Since December 2002 Proteome Sciences has announced two significant licensing deals for biomarkers in blood, one in the field of stroke with BioSite Inc and the other for the diagnosis of BSE in live cattle and TSEs in other animals with IDEXX Laboratories, Inc. Commenting on her appointment, Dr. Steiner said: 'This role provides an exciting opportunity to exploit the unique tool kit that Proteome Sciences has developed through its proteomic expertise in diseases and to accelerate the development and application of the technology platform through a broad range of strategic commercial partners. 'Using a combination of this technology and commercial alliances, proteomics will be recognised as a key driver to unlock real value from functional genomics and through its ability to develop new and improved diagnostic, prognostic and therapeutic products.' Christopher Pearce, Chief Executive of Proteome Sciences added: 'Dr. Steiner's knowledge and expertise gained from her positions both from big pharma and biotechnology will add considerable value and strength to enable us to further develop and commercialise the technology platforms at Proteome Sciences, and to bring additional skills among others in toxicology and toxicoproteomics. 'We are delighted to have someone with Dr. Steiner's international reputation and profile join us at this highly active growth phase of our corporate and commercial development.' - Ends - For further information please contact: Proteome Sciences plc www.proteome.co.uk Christopher Pearce, Chief Executive Tel: +44 (0) 1932 865065 e-mail: christopher.pearce@proteome.co.uk Public Relations for Proteome Sciences Ikon Associates Adrian Shaw Tel: +44 (0) 1483 535102 Mobile: +44(0) 797 9900733 e-mail: adrian@ikonassociates.com Notes to Editors: Proteome Sciences plc applies high sensitivity proteomics to identify and characterise differential protein expression in diseases for diagnostic, prognostic and therapeutic applications. It has to date developed sensitive blood assays for stroke, nvCJD, BSE and solid organ transplant rejection. The main focus of its research currently addresses neurological, neurodegenerative, diabetes/obesity, oncology and cardiovascular conditions. Commercialisation of these programmes will be effected through strategic alliances and licensing agreements. Proteome Sciences is headquartered in Cobham, Surrey in the UK and has laboratories at Kings College Hospital, London and in Frankfurt. It employs 40 full time scientists in addition to its corporate and business development staff. The Company has been listed on the Alternative Investment Market since 1994. This information is provided by RNS The company news service from the London Stock Exchange
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