2004-2005

News Release

REF NO.: 224

SUBJECT:

DATE: March 7, 2005

Media Advisory

Dr. Axel Meisen, president of Memorial University, and Kathy Dunderdale, minister of Innovation, Trade and Rural Development, Government of Newfoundland and Labrador, will make an important announcement regarding a license agreement between North Atlantic Biopharma Inc. (NABPI) and Guangzeng Pharmaceutical Group of China to bring this seal oil-based pharmaceutical to market in China. The news conference will be held on Friday, Mar. 11, 2005, at 2:30 p.m. in the Genesis Boardroom, 4th floor, Spencer Hall, 220 Prince Philip Drive. Media outlets are encouraged to send representatives. Parking available in area 62.

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