TELIK ANNOUNCES PRESENTATIONS AND WEBCASTS AT INVESTMENT CONFERENCES

Palo Alto, CA, August 31, 2006 — Telik, Inc. (Nasdaq: TELK) announced that company management will provide corporate overviews at the following investment conferences:

  • Thursday, September 7, 2006, 11:30 am EDT (8:30 am PDT): Thomas Weisel Partners Healthcare Conference, Boston
  • Tuesday, September 12, 2006, 11:00 am EDT (8:00 am PDT): Bear Stearns 19 th Annual Healthcare Conference, New York City

Live and archived webcasts of these presentations will be available via the Telik website, www.telik.com.

Telik, Inc. of Palo Alto, CA is a biopharmaceutical company focused on discovering, developing and commercializing novel small molecule drugs to treat serious diseases. The company’s most advanced drug development candidate is TELCYTA®, a tumor-activated small molecule product candidate. TELCYTA is in four Phase 3 registration trials in advanced ovarian and non-small cell lung cancer. A second development candidate, TELINTRA™, is in clinical development in myelodysplastic syndrome. 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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