Professor Sir William Stewart Appointed Chairman of Cyclacel

DUNDEE - 23 September 1998 - Cyclacel, the cancer therapeutics company, announced today the appointment of Professor Sir William Stewart, FRS, FRSE, as Non-Executive Chairman. Sir William was Chief Scientific Adviser to the Prime Minister and the UK Government from 1990 to 1995. He is President of the BioIndustry Association, the UK biotechnology industry trade group, and Chairman of Dundee Teaching Hospitals NHS Trust. He is a member of the Corporate Technology Board of SmithKline Beecham plc and a non-executive Director of the Water Research Centre plc. Sir William was a former Vice President of the Royal Society and was a member of the Scottish Committee of the Dearing Inquiry into Higher Education. He is currently an independent consultant on science, education and the environment.

Spiro Rombotis, Chief Executive of Cyclacel commented: "We are honoured and excited that Sir William has joined Cyclacel as Chairman. He has an unrivalled knowledge of the science and business of biotechnology which will be extremely helpful to Cyclacel as we continue our development as a cancer therapeutics company."

Professor Sir William Stewart, Chairman, said: "I have known about the work of David Lane, Cyclacel's Chief Scientific Officer, for several years, and have followed his achievements with interest. Cyclacel has made considerable progress over the last year. I am looking forward to being part of the Cyclacel team and helping to realise its full commercial potential."