Grant of Options

Stem Cell Sciences plc 05 July 2007 For Immediate Release 05 July 2007 Stem Cell Sciences plc Grant of Options Stem Cell Sciences plc, the global biotechnology company focused on the commercialisation of stem cells and stem cell technologies in research and cell-based therapies, announces that on 19th June 2007 the following Directors of the Company were granted options over Ordinary Shares in the Company as follows: - DAVID A DODD, NON-EXECUTIVE CHAIRMAN, has been granted options to acquire 250,000 new Ordinary Shares in the Company at a price of 42 pence per share; - JEREMY P SCUDAMORE, NON-EXECUTIVE DIRECTOR, has been granted options to acquire 50,000 new Ordinary Shares in the Company at a price of 42 pence per share; - LES H WEBB, NON-EXECUTIVE DIRECTOR has been granted options to acquire 50,000 new Ordinary Shares in the Company at a price of 42 pence per share. Subsequent to the grant of these options, Les Webb will hold a total of 112,400 options over ordinary shares. - HARRY KARELIS, NON-EXECUTIVE DIRECTOR has been granted options to acquire 50,000 new Ordinary Shares in the Company at a price of 42 pence per share. Subsequent to the grant of these options, Harry Karelis will hold a total of 100,000 options over ordinary shares. The options vest over a four year period and the strike price is based upon the average price of the three previous days trading to the grant date of 19th June 2007. - Ends - For further information, please contact: Stem Cell Sciences plc (United Kingdom) Sue Furber, Director of Finance and Company Secretary +44 131 662 9829 Notes to Editors Stem Cell Sciences plc (SCS, AIM: STEM, ASX: STC) is a global biotechnology company providing the biological infrastructure of cells and cell culture media to the burgeoning stem cell research market. Stem Cell Sciences' core objective is to develop safe and effective cell-based therapies for currently incurable diseases. SCS retains all rights to its technology for therapeutic use and is targeting cell-based therapies for neurodegenerative disease and injury. Revenues from Stem Cell Sciences' research business are delivered via an integrated network of business teams and regional offices in Edinburgh and Cambridge (UK), Kobe (Japan), Melbourne (Australia) and San Francisco (USA). This global reach provides the Company with the direct access to markets through experienced personnel and local business networks needed to drive SCS business growth in each region. The key challenge for the successful application of stem cells in both research and clinical applications is the reproducible supply of pure, fully characterized stem cells and stem cell-derived specialised cells such as nerves and muscle. This represents a significant technological challenge that will require access to multiple technologies and a globally integrated stem cell initiative. To access cutting edge technologies on a rapid and on-going basis, Stem Cell Sciences has built an exceptional network of highly interactive collaborations with academic centres of excellence in the stem cell field. These collaborations have been the source of our founding technologies and continue to provide an expanding pipeline of products and intellectual property that are central to the Company's strategy and success. To facilitate research and technology transfer with its major collaborating academic institutions, Stem Cell Sciences' business and scientific teams are usually co-located on site or adjacent to the centre of excellence in independent company facilities. The Company's key collaborating institutes include the Wellcome Trust Centre for Stem Cell Research (University of Cambridge), the Institute of Stem Cell Research (University of Edinburgh), RIKEN Centre for Developmental Biology (Kobe) and the Australian Stem Cell Centre (Melbourne). Academic and commercial use of stem cells in basic research and drug discovery provides the Company with immediate and growing revenue streams and offsets the cost of technology development for full scale cell production of SCS cell-based therapeutics. For further information on the company please visit:www.stemcellsciences.com This information is provided by RNS The company news service from the London Stock Exchange

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