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May 9, 2008

GPC Biotech Schedules Conference Call on May 15th to Discuss First Quarter 2008 Financial Results

Martinsried/Munich (Germany) and Princeton, N.J., May 9, 2008 – GPC Biotech AG (Frankfurt Stock Exchange: GPC; NASDAQ: GPCB) today announced that the Company will hold a conference call on May 15, 2008 at 2 PM CET/8 AM ET to discuss its financial results for the first quarter of 2008 and provide an update on the Company’s business. The results will be published on May 15 in advance of the conference call.

 

Participants may listen via live webcast, accessible through the GPC Biotech Web site at www.gpc-biotech.com or via telephone. A replay will be available on the Web site following the live event. The call will be conducted in English.

 

The dial-in numbers for the call are as follows:

 

Participants from Europe: +49  (0)69 5007 1308 or +44 (0)20 7806 1956
Participants from the U.S.: 1-718-354-1388

 

Please dial in 10 minutes before the beginning of the meeting.

 

About GPC Biotech
GPC Biotech AG is a publicly traded biopharmaceutical company focused on anticancer drugs. GPC Biotech's lead product candidate is satraplatin, an oral platinum compound.  The Company has various anti-cancer programs in research and development that leverage its expertise in kinase inhibitors. GPC Biotech AG is headquartered in Martinsried/Munich (Germany) and has a wholly owned U.S. subsidiary in Princeton, New Jersey. For additional information, please visit GPC Biotech's Web site at www.gpc-biotech.com.

 

This press release contains forward-looking statements, which express the current beliefs and expectations of the management of GPC Biotech.  Such statements are based on current expectations and are subject to risks and uncertainties, many of which are beyond our control, that could cause future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially depending on a number of factors, and we caution investors not to place undue reliance on the forward-looking statements contained in this press release  We direct you to GPC Biotech’s Annual Report on Form 20-F for the fiscal year ended December 31, 2006 and other reports filed with the U.S. Securities and Exchange Commission for additional details on the important factors that may affect the future results, performance and achievements of GPC Biotech. Forward-looking statements speak only as of the date on which they are made and GPC Biotech undertakes no obligation to update these forward-looking statements, even if new information becomes available in the future.


Contacts:
 

GPC Biotech AG
Investor Relations & Corporate Communications Department
Phone: +49 (0) 89 85 65 26 65
ir@gpc-biotech.com


In the U.S.: Laurie Doyle
Director, Investor Relations & Corporate Communications
Phone: 1-609-524-1000 X5884
usinvestors@gpc-biotech.com

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