LifeCycle Pharma, Rights Issue


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|                                      |             Copenhagen, 18 March 2008 |
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LifeCycle Pharma A/S - Rights Issue                                             

The following ISIN code has been admitted to trading and official listing on OMX
Nordic Exchange Copenhagen A/S with effect from 28 March 2008                   

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| ISIN                 | Name                                                  |
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| DK0060131043         | LifeCycle Pharma, T-ret			                            |
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As at the same date, ISIN code DK0060048148 will be traded exclusive of T-ret   
(subscription rights).                                                          

LifeCycle Pharma makes a rights issue of up to 24,078,880 new shares, each      
bearing a face value of DKK 1 at a price of DKK 17. The new shares are          
subscribed for in the proportion of 4:3. The new shares carry in full dividend  
for 2007. Subscription period: 2 April 2008 9 am (Danish time) to 15 April 2008 
5 pm. (Danish time).                                                            

Please note:                                                                    
Subscription of new shares will take place in a temporary ISIN (DK0060131126)   
which will not be admitted to trading and official listing on OMX Nordic        
Exchange Copenhagen A/S. The new shares will be traded and officially listed in 
the existing ISIN code DK0060048148. Trading and official listing is expected to
take place as soon as possible after the registration of the new shares with the
Danish Commerce and Companies Agency; expectedly 21 April 2008.                 

For further information, please see the prospectus.                             

For further information, please contact: Asta Jepsen, Surveillance, tel. +45 33 
93 33 66                                                                        
ISIN: DK0060048148 (VP: 6004814)                                                

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| Name:                                 | LifeCycle Pharma                     |
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| Volume:                               | 32,105,174 shares (DKK 32,105,174)   |
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| Face value:                           | DKK 1                                |
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| Short name:                           | LCP                                  |
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| Share type:                           | AKTIE                                |
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TEGNINGSRETS-ISIN: DK0060131043 (VP: 6013104)                                   

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| Name:                                 | LifeCycle Pharma, T-ret              |
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| Proportion:                           | 4:3                                  |
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| Trade in subscription rights (both    | 28 March 2008 - 10 April 2008        |
| days included):                       |                                      |
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| Face value:                           | DKK 0.33 (rounded figure)            |
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| Short name:                           | LCP T                                |
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| Share type:                           | T-RET                                |
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GENERAL INFORMATION	:                                                           

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| Name/bearer                           | Bearer                               |
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| Voting rights on listed shares:       | Full                                 |
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| Financial year:                       | 1 January - 31 December              |
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| Unlisted capital:                     | DKK 0                                |
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| Capital increase registered:          | Yes                                  |
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| Issuing bank:                         | Danske Bank A/S                      |
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| Changed trading lot:                  | 500                                  |
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| CBR no.:                              | 26527767                             |
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| GICS:                                 | 35202010                             |
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| Type:                                 | 1                                    |
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Attachments

lifecycle pharma - t-ret - uk -ske.pdf