Oasmia Pharmaceutical AB (publ) Interim report for the period May - October 2010 THE NEW SHARE ISSUE COMPLETED THE PERIOD May 1 2010 - October 31 2010 • Consolidated net sales amounted to TSEK 42 (24 911) • Operating income amounted to TSEK -27 047 (1 905) • Net income after tax amounted to TSEK -28 819 (21) • Earnings per share was SEK -0,75 (0,00) • Comprehensive income amounted to TSEK -28 819 (21) SECOND QUARTER August 1 2010 - October 31 2010 • Consolidated net sales amounted to TSEK 0 (253) • Operating income amounted to TSEK -15 832 (-8 719) • Net income after tax amounted to TSEK -16 729 (-9 365) • Earnings per share was SEK -0,44 (-0,26) • Comprehensive income amounted to TSEK -16 729 (-9 365) • Oasmia Pharmaceutical AB announces a fully committed and underwritten rights issue of SEK 239 million • The Annual General Meeting elects Björn Björnsson as a new Member of the Board • The Annual General Meeting makes a resolution of an authorization corresponding to 15 million shares • Oasmia appoints Carnegie Investment Bank AB as financial advisor. • New credit facility of SEK 40 million EVENTS AFTER CLOSING DAY • The new share issue is completed