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Cambrex Announces Special Meeting of Shareholders

   Cambrex Corporation logo. (PRNewsFoto)

EAST RUTHERFORD, NJ USA
    EAST RUTHERFORD, N.J., Jan. 30 /PRNewswire-FirstCall/ -- Cambrex
Corporation ("Cambrex") (NYSE: CBM) announces that its special meeting of
shareholders to vote on the proposal to approve the sale of the Bioproducts
and Biopharma subsidiaries to Lonza Group AG will begin at 2:00 p.m. on
February 5, 2007. The webcast of this meeting may be heard through the
company website http://www.cambrex.com and will be available for 30 days following
the meeting.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20000613/CAMBREXLOGO )
    Shareholders and other interested parties may also listen to the
proceedings by conference call:
    Dial-In:
    1-888-634-4003 for U.S.
    1-706-634-6653 for International
    Passcode   7140765

    Dial-In Replay:
    1-800-642-1687 for U.S.
    1-706-645-9291 for International
    Passcode   7140765
    Available Through February 12, 2007

    About Cambrex
    Cambrex is a global, diversified life sciences company dedicated to
providing products and services to accelerate and improve the discovery and
commercialization of human therapeutics. The Company currently employs
approximately 2,000 worldwide. For more information, please visit
http://www.cambrex.com.
    Forward-Looking Statements
    This news release may contain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995 and Rule
3b-6 under the Securities Exchange Act of 1934, as amended, including,
without limitation, statements regarding expected performance, especially
expectations with respect to sales, research and development expenditures,
earnings per share, capital expenditures, acquisitions, divestitures,
collaborations, or other expansion opportunities. These statements may be
identified by the fact that words such as "expects," "anticipates,"
"intends," "estimates," "believes" or similar expressions are used in
connection with any discussion of future financial and/or operating
performance. Any forward-looking statements are qualified in their entirety
by reference to the risk factors discussed in the Company's periodic
reports filed with the SEC. Any forward- looking statements contained
herein are based on current plans and expectations and involve risks and
uncertainties that could cause actual outcomes and results to differ
materially from current expectations including, but not limited to, global
economic trends, pharmaceutical outsourcing trends, competitive pricing or
product developments, government legislation and/or regulations
(particularly environmental issues), tax rate, interest rate, technology,
manufacturing and legal issues, changes in foreign exchange rates,
performance of minority investments, uncollectible receivables, loss on
disposition of assets, cancellation or delays in renewal of contracts, lack
of suitable raw materials or packaging materials, the possibility that the
value of the acquisition of PermaDerm cultured skin may not be realized or
that the Company's plans to obtain a Humanitarian Device Exemption,
completion of clinical trials and commercialization of PermaDerm cultured
skin in the United States may not be successful, the Company's ability to
receive regulatory approvals for its products, the outcome of the
evaluation of strategic alternatives, the satisfaction of the conditions to
closing set forth in the stock purchase agreement with Lonza, the
availability of financing on favorable terms in order to fund the portion
of the special dividend that is not being funded from proceeds of the sale
and whether the Company's estimates set forth in the definitive proxy
statement with respect to its earnings and profits for tax purposes in 2007
will be correct. Any forward-looking statement speaks only as of the date
on which it is made, and the Company undertakes no obligation to publicly
update any forward- looking statement, whether as a result of new
information, future events or otherwise. New factors emerge from time to
time and it is not possible for us to predict which new factors will arise.
In addition, we cannot assess the impact of each factor on the Company's
business or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in any
forward-looking statements.
    For further details and a discussion of these and other risks and
uncertainties, investors and security holders are cautioned to review the
definitive proxy statement, the Cambrex 2005 Annual Report on Form 10-K,
including the Forward-Looking Statement section therein, and other filings
with the SEC, including the Current Reports on Form 8-K filed on October
24, 2006, October 27, 2006 and November 2, 2006.


SOURCE Cambrex Corporation




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  • http://www.cambrex.com
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    CONTACT:
    Robert Thomson, Director, Investor Relations
    of Cambrex Corporation, +1-201-804-3047, bob.thomson@cambrex.com