Conversion of Warrant

4 Mar 2005 12:12

Minster Pharmaceuticals PLC04 March 2005 FOR IMMEDIATE RELEASE 4 March 2005 Minster Pharmaceuticals plc ("Minster Pharmaceuticals" or the "Company") The Board of Minster Pharmaceuticals plc announces that, following instructionsfrom a Warrant holder, it agreed on 2 March 2005 to allot 1,000,000 ordinaryshares of 0.1p at 0.345p per share in accordance with the terms of the WarrantInstrument. Application has been made for 1,000,000 ordinary shares of 0.1p to be admittedto trading on AIM. Admission is expected to take place on 10 March 2005. Name of contact and telephone number for queries:Jeremy Gorman, Company Secretary - 020 7935 0027 For and on behalf of Minster Pharmaceuticals plcJeremy GormanCompany Secretary This information is provided by RNS The company news service from the London Stock Exchange