Completion of the licensing of Frova™ to Endo

18 August 2004

Vernalis plc (LSE:VER, Nasdaq: VNLS) today announces that, all conditions now being satisfied, the North American license agreement for Frova™ with Endo, announced on 15 July 2004, completed on 17 August 2004.

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Enquiries:

Vernalis plc
Simon Sturge, Chief Executive Officer
Tony Weir, Chief Financial Officer
+44 (0)118 977 3133

Brunswick Group (for analyst, financial media enquiries)
Jon Coles; Wendel Carson
+44 (0)20 7404 5959