PRESENTATION MATERIAL AVAILABLE AT DIAMYDS WEBPAGE

Press Release, Stockholm, Sweden – August 23, 2006 – Diamyd Medical AB (SWEDEN OMXS: DIAM B; USA ADR: DMYDY)

The presentation material that Diamyd Medical will show today at the press conference at the Stockholm Stock Exchange at 11.00 CET, will also be available on Diamyds webpage. The material consists of the powerpoint presentation that President Anders Essen-Moller and Principal Investigator Johnny Ludvigsson hold as well as a webcast of the actual press conference.