TELIK ANNOUNCES PRESENTATIONS AT BIO CEO AND INVESTOR CONFERENCE

Palo Alto, CA, February 23, 2004 — Telik, Inc. (Nasdaq: TELK) announced that Michael M. Wick, M.D., Ph.D., chairman and chief executive officer, will present a corporate update at the BIO CEO and Investor Conference on February 25, 2004 at 3:00 p.m. Eastern time (12:00 noon Pacific time) at the Waldorf-Astoria Hotel in New York City. In addition, Dr. Wick will participate in an Industry Focus Session on reproductive and genito-urinary cancers on February 24 at 3:30 p.m. Eastern time (12:30 p.m. Pacific time), and in an Industry Focus Session on drug discovery on February 25 at 3:30 p.m. Eastern time (12:30 p.m. Pacific time).

Telik, Inc. of Palo Alto, California 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™. 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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