Morphic Technologies AB (publ) hereby announces the release of its annual report for the financial year May 1, 2007 – April 30, 2008.

The annual report is available at Shareholders who have requested a printed version of the annual report will receive a copy by mail between September 22-23. The Company will bring forward the release of its interim three month report to September 17, 2008.
Printed copies can be ordered by telephone on +46 (0)586-673 90 or by e-mail at [email protected].

Proposed Change of Financial Year

The Board intends to propose that the Annual General Meeting change the company’s financial year to the calendar year.

Provided that the AGM approves the proposal, the current financial year will be shortened to comprise the period May-December 2008, with the following new reporting dates:

• Interim report for the period May-July 2008: September 17
• Interim report for the period May-October 2008: December 19

Further reporting dates will be announced after the AGM.

The Annual General Meeting will be held on October 20 at 1 p.m. in the Göteborg Convention Centre (Hotel Gothia Towers), Mässans gata 24, Gothenburg, Sweden.