Result of EGM, etc

Proteome Sciences PLC 20 April 2000 Proteome Sciences ('the Company' or 'Proteome') Proteome announces the result of the vote on the resolutions proposed at today's Extraordinary General Meeting, held in connection with the Placing and the Open Offer described in the Company's prospectus dated 28 March 2000. The special resolution 1 was duly passed and, accordingly, the authorised share capital of the Company has been increased from £3,000,000 to £3,200,000. Furthermore the directors have been generally and unconditionally authorised to allot Ordinary Shares in connection with the Placing and the Open Offer having an aggregate nominal amount of £139,774.11 and to make such allotments on a non pre-emptive basis. The ordinary resolution 2 was duly passed and, accordingly, the directors have been generally and unconditionally authorised to allot Ordinary Shares up to an aggregate nominal amount of £318,602.56 until the expiry of five years from the passing of the resolution. The special resolution 3 was duly passed and, accordingly, the directors have been authorised to allot securities of the Company for cash on a non premeptive basis up to an aggregate nominal amount of £47,790.38 and as detailed in the notice convening the EGM. The ordinary resolution 4 was duly passed and, accordingly, the directors have been authorised to grant options to R. Stephen Harris, Professor William Dawson and Professor Keith Mansford. The Placing and Open Offer remain conditional upon admission of the new Ordinary Shares to trading on AIM. The new Ordinary Shares to be allotted pursuant to the Placing and the Open Offer are expected to commence trading on AIM at 8.30 a.m. on 25 April 2000.