Report from the extra general meeting

At the extra general meeting (EGM) of ChronTech Pharma AB (below ”the Company”)
on the 19th of April 2013 it was resolved to accept that a group of shareholders
acquire a percentage of approximately 70 per cent of the Company’s project
regarding development of DNA vaccines against hepatitis B and hepatitis C. This
project will be transferred to a new company in which the Company thus will keep
a share of approximately 30 per cent. As purchase-sum 1.25 MUSD will be paid in
cash (of which the Company has already received 625,000 USD as a loan) and
redemption and cancellation of altogether 80,274,975 shares in the Company. In
addition to a shareholding of approximately 30 per cent in the Company’s project
regarding hepatitis B and hepatitis C and the technology regarding the Company’s
injection needle IVIN, the Company will keep also the 20-percentage ownership in
Opsonic Therapeutics Inc. Before the transactions the Company has 181,137,022
outstanding shares and those shares that will be redeemed and cancelled
correspond to approximately 44.3 per cent of the total number of shares in the
Company. Through the cash payment the Company’s debt will be reduced from
approximately 10 MSEK to approximately 2 MSEK.

For the execution of this transaction there is a requirement that there is a
change in the limits for share capital and number of shares in the Articles of
Association. This will be dealt with at an EGM on the 6th of May 2013, which
already has been summoned for, at which among other things a proposal for
changes in the Articles of Association will be put forward.

For more information, please contact:

Anders Vahlne, CEO and Head of Research, ChronTech Pharma AB

Mobile phone: +46 709 28 05 28
E-mail: anders.vahlne@ki.se

About ChronTech

ChronTech develops the therapeutic DNA vaccines ChronVac-C® and ChronVac-B drugs
against chronic hepatitis C virus and hepatitis B virus infections, i.e. chronic
infections with jaundice causing viruses which can lead to liver cirrhosis and
liver cancer. ChronTech has also developed and further develops a patent pending
new type of injection needle for a more effective uptake of DNA vaccines.
ChronTech also have part ownership in the wound healing therapy ChronSeal®, and
in the new platform technology RAS®. The ChronTech share is admitted to trade on
First North. Remium Nordic AB is Certified Adviser for ChronTech. For more
information, please visit: www.chrontech.se

In the event of any discrepancy between the Swedish and English versions of this
press release, the Swedish version will take precedence.