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ImuMed Announces Reverse Stock Split

19 December 2001

Hamilton, Bermuda: 19 December 2001€” ImuMed International Ltd. has advised the Bermuda Stock Exchange (BSX) that "After due consideration, the Directors and Shareholders have approved a 1 for 5 reverse stock split effective 6th December, 2001. All fractional shares will be rounded up to the nearest whole share."

The announcement went on to note that; "The Directors continue to work towards restructuring the Company to the position it enjoyed prior to the suspension of trading of the Company's shares April 2001. The 1 for 5 reverse stock split referred to above being part of the overall strategy being employed this goal."