Appointment of new non-executive director

10 May 2002

RiboTargets Limited, the structure-based pharmaceutical research company, is pleased to announce the appointment of Christopher Samler, currently Chief Executive of Weston Medical plc, as a non-executive director.

Mr Samler has been Chief Executive of Weston Medical Group plc, the innovative drug delivery company, since June 1997. Prior to Weston Medical, Mr Samler served as Chief Executive Officer of Imutran Ltd, a Cambridge-based (UK) biotechnology firm. During his three year leadership, Mr Samler managed the successful sale and integration of Imutran with the Swiss pharmaceutical company, Novartis. Mr. Samler has also held senior positions with Baxter International Inc. where he latterly headed Bentley Laboratories b.v., a European manufacturer of disposables for open-heart surgery. Mr Samler, a former British Army officer, holds an MBA degree from Harvard Business School, USA, as well as a degree from Oxford University, UK.

Commenting on the appointment, Simon Sturge, Chief Executive of RiboTargets, said:

"We are delighted that someone of Christopher's calibre has joined the Board of RiboTargets. He has had considerable management experience at a number of leading healthcare and pharmaceutical companies which will be very valuable to RiboTargets as it expands its operations and development portfolio. We look forward to working with him".

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