Vitrolife extends the offer period in the offer for MediCult

With reference to the voluntary exchange offer (the "Offer") by Vitrolife AB (publ) (“Vitrolife”) to purchase the shares in MediCult a/s ("MediCult") (OSE: MEC), as set forth in the offer document of 3 February 2009 (the "Offer Document"), Vitrolife hereby announces an extension of the offer period under the Offer.

Following such extension, the offer period will last until 27 March 2009 at 17:30 (CET).

All other dates referred to in the Offer Document will be extended accordingly. Vitrolife also reserves the right to make further extensions of the offer period, in accordance with the Offer Document section 1.5. Please see the Offer Document for further details.

Background

On 23 February 2009, Merck KGaA (“Merck”) publicly announced its intention to make a voluntary exchange offer of NOK 13:50 per share in cash for each share in MediCult. Merck's offer was unanimously recommended by the board of directors of MediCult. Existing shareholders representing 16.1 percent of the shares in MediCult have agreed to accept the offer unless a higher offer is presented and Merck elects not to match such competing offer within four trading days.

The value of Vitrolife’s share offer, with a cash alternative for MediCult shareholders owning 1,000 or fewer MediCult shares, follows changes in the price of the Vitrolife share as well as the NOK/SEK exchange rate. In order to facilitate a comparison between the Vitrolife’s share offer and Merck’s cash offer, Vitrolife hereby extends the offer period.

Contact persons:

Contact persons at Vitrolife with respect to the Offer:
Patrik Tigerschiöld, Chairman of the Board tel. +46 707 77 71 90
Dr. Magnus Nilsson, CEO tel. +46 31 721 80 61