Grant of Options

Stem Cell Sciences plc 19 December 2007 Press Release For Immediate Release 19 December 2007 Stem Cell Sciences plc Grant of Options Stem Cell Sciences plc, the global biotechnology company focused on the commercialisation of stem cells and stem cell technologies in research and cell-based therapies, announces that on 18th December the following options were granted to Directors: Dr Alastair J. Riddell, Chief Executive Officer, was granted options to acquire 162,500 new Ordinary Shares in the Company at a price of 29 pence per share. Dr Peter Mountford, Chief Technology Officer and Founder, was granted options to acquire 100,000 new Ordinary Shares in the Company at a price of 29 pence per share. The options vest over a four year period and the strike price is based upon the average price of the three previous days trading to the grant date of 18th December 2007. - Ends - For further information, please contact: Stem Cell Sciences plc (United Kingdom) Sue Furber, Director of Finance and Company Secretary +44 131 662 9829 Notes to Editors Stem Cell Sciences plc (SCS, AIM: STEM, ASX: STC) is a global biotechnology company providing the biological infrastructure of cells and cell culture media to the burgeoning stem cell research market. Academic and commercial use of stem cells in basic research and drug discovery provides the Company with immediate and growing revenue streams and offsets the cost of technology development for full scale cell production of SCS cell-based therapeutics. These revenues are delivered via an integrated network of business teams and regional offices in Edinburgh and Cambridge (UK), Melbourne (Australia ) and San Francisco (USA). This global reach provides the Company with the direct access to markets through experienced personnel and local business networks needed to drive SCS business growth in each region. The key challenge for the successful application of stem cells in both research and clinical applications is the reproducible supply of pure, fully characterized stem cells and stem cell-derived specialised cells such as nerves and muscle. This represents a significant technological challenge that will require access to multiple technologies and a globally integrated stem cell initiative. To access cutting edge technologies on a rapid and on-going basis, Stem Cell Sciences has built an exceptional network of highly interactive collaborations with academic centres of excellence in the stem cell field. These collaborations have been the source of our founding technologies and continue to provide an expanding pipeline of products and intellectual property that are central to the Company's strategy and success. To facilitate research and technology transfer with its major collaborating academic institutions, Stem Cell Sciences' business and scientific teams are co-located on site or adjacent to the centres of excellence in independent company facilities. The Company's key collaborating institutes include the Wellcome Trust Centre for Stem Cell Research (University of Cambridge), the Institute of Stem Cell Research (University of Edinburgh), RIKEN Centre for Developmental Biology (Kobe) and the Australian Stem Cell Centre (Melbourne). For further information on the company please visit: www.stemcellsciences.com This information is provided by RNS The company news service from the London Stock Exchange

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