The Annual General Meeting of Tripep AB

The Annual General Meeting of Tripep AB was held in Stockholm, Sweden, on 5 April, 2006. Annual Report and discharge from liability The company’s Income Statement and Balance Sheet were approved and the Board of Directors and the Chief Executive Officer were discharged from liability for the financial year 2005. Election of Board of Directors and Chairman of the Board and compensation to the Board Rolf L. Nordström, Anders Vahlne, Matti Sällberg, William W. Hall and Thomas Lynch were appointed to the Board of Directors, (all re-elected). Robert C. Gallo had declined re-election. Rolf L. Nordström were re-elected as Chairman of the Board. The Meeting approved a total compensation to the Board of Directors of SEK 350,000, to be divided pursuant to Board decision, whereupon no fees will be paid to those Board members who are employees, or have comparable positions in the company. Amendment of the Articles of Association The Meeting approved the Board’s proposals regarding amendments to the Articles of Association required by the new Swedish Companies Act, which came into force on 1 January, 2006. Authorisation to issue shares The Meeting authorized the Board of Directors to resolve, at one or more occasions until the next Annual General Meeting, to issue new shares with consideration in cash or in kind or by set-off or otherwise with conditions and thereby be able to resolve to disapply the share¬holders pre-emption rights. The total number of shares that can be issued based on the authorization may not exceed 2,500,000. Nomination Committee The Annual General Meeting resolved to appoint a Nomination Committee comprising the Chairman of the Board Rolf L. Nordström, Peter Horal and Bo Svennerholm. The task of the Nomination Committee is to submit proposals for Board members and Board fees ahead of the Annual General Meeting 2007. For more information, please contact: Rolf L. Nordström, Chairman, Tripep AB Tel: +44 20 7495 1480, mobile phone: +44 7776 137 400 E-mail: rolf.l.nordstrom@btinternet.com Jan Nilsson, CEO, Tripep AB Tel: +46 8 449 84 80, mobile phone: +46 70 466 31 63 E-mail: jan.nilsson@tripep.se Anders Vahlne, Head of Research, Tripep AB Tel: +46 8 5858 1313, mobile phone: +46 709 28 05 28 E-mail: anders.vahlne@ki.se