TELIK ANNOUNCES PRESENTATION AT GOLDMAN SACHS 25TH ANNUAL GLOBAL HEALTHCARE CONFERENCE

Palo Alto, CA, June 3, 2004 — Telik, Inc. (Nasdaq: TELK) announced that company management will present an corporate update at the Goldman Sachs 25th Annual Healthcare Conference on Tuesday, June 8, 2004 at 4:00 p.m. Pacific time at the Ritz-Carlton Hotel in Laguna Niguel, California.

Telik, Inc. of Palo Alto, CA is a biopharmaceutical company working to discover, develop and commercialize small molecule drugs to treat serious diseases including cancer. 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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