Issue of Options

(AIM: SAR) 22 December 2010 SAREUM HOLDINGS PLC ("Sareum" or the "Company") Issue of Options The Company announces that it has granted the following share options (the "Options") to Tim Mitchell (Chief Executive Officer) and John Reader (Chief Scientific Officer) (together, the "Directors");   Number of options Tim Mitchell 6,153,846 John Reader 6,153,846 The Options have been granted with an exercise price of 0.26 pence. Of the Options granted to each Director, 3,076,923 will vest immediately and are exercisable until 22 December 2020. The remaining 3,076,923 options will vest, subject to the discretion of the Remuneration Committee of the Company, on the date upon which a significant commercial deal is signed by the Company and are thereafter capable of being exercised until 22 December 2020. In addition to the options being granted the Directors currently each hold options over 6,400,000 shares, which were granted on 4 December 2009 Enquires: Sareum Holdings plc Tim Mitchell 01223 497 700 Merchant Securities Limited (Nominated Adviser) Simon Clements/Bidhi Bhoma 020 7628 2200 Hybridan LLP (Broker) Claire Noyce 020 7947 4350 Notes for editors: About Sareum Holdings plc Sareum is a drug discovery company, headquartered in Cambridge UK, that is focused on producing targeted small molecule therapeutics to address unmet medical needs, primarily in cancer. Sareum aims to successfully deliver drug candidates for licensing to pharmaceutical and biotechnology companies at the pre-clinical or early clinical trials stage. Sareum Holdings plc joined the AIM market of the London Stock Exchange in October 2004, trading under the symbol SAR.  For further information, please visitwww.sareum.co.uk This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: SAREUM HOLDINGS PLC via Thomson Reuters ONE [HUG#1474855]
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