Statement re Share Price Movement

(AIM: SAR) 9 February 2011 SAREUM HOLDINGS PLC ("Sareum" or the "Company") Statement re Share Price Movement Sareum (AIM: SAR), the specialist cancer drug discovery business, has noted the recent significant rise in the Company's share price, the volume of shares traded in the last two trading sessions and the bulletin board and press comments following the announcement made on 7 February 2011 with the headline "Research Update: Positive Leukaemia Model Study". The Company can confirm that it is not currently in advanced stages of discussion with a potential licencing partner and there can be no certainty that the announcement of these results will lead to a licencing agreement being entered into. The Company can confirm that the results of the study have, in the ordinary course of business, been sent to potential licencing partners and the Company will be engaging with these partners to determine their interest in the data. Sareum Holdings plc Tim Mitchell 01223 497 700 Merchant Securities Limited (Nomad) 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's Chk1 kinase cancer research programme is a joint research collaboration with The Institute of Cancer Research and Cancer Research Technology Limited. Novel chemical compounds developed by the collaboration have been shown to increase the effectiveness of current cancer therapeutics in 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 joined the AIM market of the London Stock Exchange in October 2004, trading under the symbol SAR.  For further information, please visit www.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#1487061]
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