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BIOTAGE ISSUES 3 MILLION NEW SHARES

July 5, 2005

On June 27 2005 the board of Biotage AB decided to increase the company's share capital by means of a new issue of 3 million shares. The shares are subscribed by Svenska Handelsbanken for resale to a limited number of institutional investors in Sweden and abroad. The decision is based on the authorization to the board by the annual general meeting held on April 27 2005. By the new issue, the share capital is increased by SEK 3 million to SEK 67,042,108.

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