SAREUM HOLDINGS PLC : Trading Update

(AIM: SAR)

19 July 2012

SAREUM HOLDINGS PLC ("Sareum" or "the Company")

Trading Update

Sareum, the specialist cancer drug discovery business, is pleased to announce that its financial results for the year ended 30 June 2012 will be broadly in line with market expectations, with the loss for the year after tax anticipated to be approximately £640,000.

Sareum and its collaborators continue to progress several commercial opportunities with its research programmes and the Board confirms its expectation that at least one of these deals will be concluded before the calendar year-end.

The Company expects to report its full year results for the year ended 30 June 2012 at the beginning of October 2012.

For further information:
Sareum Holdings plc
Tim Mitchell	01223 497 700
Merchant Securities Limited (Nomad)
Simon Clements	020 7628 2200
Hybridan LLP (Broker)
Claire Noyce, Deepak Reddy	020 7947 4350
Media enquiries:
The Communications Portfolio Ltd
Philip Ranger / Caolan Mahon	020 7536 2028/2029
[e-mail]

Notes for editors:

About Sareum Holdings plc

Sareum is a drug discovery company, headquartered in Cambridge UK, that produces targeted small molecule therapeutics, focusing on cancer and auto-immune disease. Sareum aims to successfully deliver drug candidates for licensing to pharmaceutical and biotechnology companies at the pre-clinical or early clinical trials stage.

Sareum's Chk1 kinase cancer research programme is a joint research collaboration with The Institute of Cancer Research and Cancer Research Technology Limited. The development candidate resulting from the collaboration increases the effectiveness of current cancer therapeutics in several in-vivo cancer models.

SKIL® (Sareum Kinase Inhibitor Library) is Sareum's drug discovery technology platform that has so far produced the Company's Aurora+FLT3, Aurora+ALK VEGFR-3, FLT3 & TYK2 kinase cancer and auto-immune disease research programmes. SKIL can also generate drug research programmes against other kinase targets.

Sareum Holdings plc is listed on the AIM market of the London Stock Exchange and trades under the symbol SAR.  For further information, please visit www.sareum.co.uk

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Source: SAREUM HOLDINGS PLC via Thomson Reuters ONE

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