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Availability of Report & Accounts

Phynova Group plc
("Phynova" or the "Company")

Availability of Report & Accounts

The Company announces that the report and accounts for the year ended 30 September 2008 has now been posted to shareholders and is available from the Company´s website www.phynova.com.

For further information, please contact:

Phynova Group plc
John Pool (Executive Chairman)
Tony Mills (CEO Phynova Limited)
Robert Miller (CEO Phynova China Limited)
Tel: 01993 880700

John East & Partners Limited
Simon Clements
Tel: 020 7618 2200

Capital MS&L
Mary Clark/Anna Mitchell
Tel: 020 7 307 5330

Notes to editors:

About Phynova

Phynova (AIM: PYN) is a UK company developing new prescription pharmaceuticals derived from plants used in Chinese medicines. The Company is focused on viral and bacterial diseases, metabolic diseases and cancer. Phynova´s lead product for hepatitis C has now completed a Phase I/II trial in the US. Two further products, for fatty liver disease and post-operative ileus, are targeted for entry to the clinic and there are a further four products in preclinical development.

For further information please visit www.phynova.com.


11/03/2009

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