TELIK ANNOUNCES PRESENTATION AT BEAR STEARNS HEALTHCARE CONFERENCE

Palo Alto, CA, September 5, 2003 — Telik, Inc. (Nasdaq: TELK) announced that Michael M. Wick, M.D., Ph.D., chairman and chief executive officer, will present a company update at the Bear Stearns & Co. Inc. 16th Annual Healthcare Conference on Monday, September 8, 2003 at 4:00 p.m. Eastern time (1:00 p.m. Pacific time) at the Plaza Hotel in New York City.

Telik, Inc. of Palo Alto, CA is a biopharmaceutical company working to discover, develop and commercialize small molecule drugs to treat serious diseases for which there is significant demand for new therapies. The company’s most advanced drug development candidate is TELCYTA™ (TLK286), in a Phase 3 registration trial in advanced ovarian cancer and in Phase 2 clinical trials in ovarian, non-small cell lung and breast cancer. TLK199 is in a Phase 1-2a trial in myelodysplastic syndrome, a form of pre-leukemia. Telik’s product candidates were discovered using its proprietary drug discovery technology, TRAP, which enables the rapid and efficient discovery of small molecule drug candidates. Additional information is available at www.telik.com.

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Contact:
Carol DeGuzman
Senior Director, Corporate Communications
Telik, Inc.
Tel 650-845-7728
Email cdeguzman@telik.com


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