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Media Notification/Webcast Notification: Amgen and Abgenix to Conduct Conference Call and Webcast Regarding Proposed Acquisition on December 14, 2005 at 2:00 PM PT

Posted on: Wednesday, 14 December 2005, 18:00 CST

Amgen and Abgenix, Inc. will host a joint conference call and webcast today, December 14, 2005 at 5:00 p.m. ET / 2:00 p.m. PT to discuss the signing of a definitive merger agreement under which Amgen will acquire Abgenix for $22.50 per share. A separate press release announcing the transaction was issued today.

To participate in the conference call, please dial 877-817-2450 (U.S. and Canada) or 706-634-7548 (international) fifteen minutes before start time. The pass code for the live call is 3416104. A telephonic replay of the call will be available by dialing 800-642-1687 (U.S. and Canada) or 706-645-9291 (international). The replay participant code is 3416104.

Live audio of the conference call will also be broadcast over the Internet and will be available to members of the news media, investors and the general public.

The webcast can be found on Amgen's Web site, www.amgen.com, under Investors, and on Abgenix's Web site, www.abgenix.com. The webcast will be archived and available for replay at least 72 hours after the event.

In addition, a satellite feed of Amgen's B-roll footage will be available for downlink as follows: Today, Wednesday, December 14, 2005: 5:00 - 5:15 PM ET / 2:00 - 2:15 PM PT AMC3 / (C) 3 (dl3760V) 7:00 - 7:15 PM ET / 4:00 - 4:15 PM PT AMC3 / (C) 3 (dl3760V)

This feed is free for unrestricted use.

About Amgen

Amgen discovers, develops and delivers innovative human therapeutics. A biotechnology pioneer since 1980, Amgen was one of the first companies to realize the new science's promise by bringing safe and effective medicines from lab, to manufacturing plant, to patient. Amgen therapeutics have changed the practice of medicine, helping millions of people around the world in the fight against cancer, kidney disease, rheumatoid arthritis, and other serious illnesses. With a broad and deep pipeline of potential new medicines, Amgen remains committed to advancing science to dramatically improve people's lives. To learn more about our pioneering science and our vital medicines, visit www.amgen.com.

About Abgenix

Abgenix is a biopharmaceutical company focused on the discovery, development and manufacturing of fully human therapeutic antibodies. The company's antibody development platform includes a leading technology and state-of-the-art manufacturing capabilities that enable the rapid generation, selection and production of high affinity, fully human antibody product candidates to a variety of disease targets. Abgenix leverages its leadership position in human antibody technology to build a diversified product portfolio through its own development efforts and the establishment of collaborations with multiple pharmaceutical and biotechnology companies. For more information on Abgenix, visit the company's website at www.abgenix.com.


Source: Business Wire

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