Exelixis, Inc. Announces March 19 Webcast of Presentation at the Lehman Brothers Annual Global Healthcare Conference

SOUTH SAN FRANCISCO, Calif., March 14 /PRNewswire-FirstCall/ -- Exelixis, Inc. announced today that Frank Karbe, executive vice president and chief financial officer of Exelixis, will present at the Lehman Brothers Annual Global Healthcare Conference at 5:15 p.m. ET / 2:15 p.m. PT on Wednesday, March 19, 2008. Mr. Karbe will discuss updates to the company's development pipeline and corporate strategy.

The presentation will be webcast and may be accessed in the Event Calendar page under Investors on the Exelixis website at http://www.exelixis.com.

About Exelixis

Exelixis, Inc. is a development-stage biotechnology company dedicated to the discovery and development of novel small molecule therapeutics for the treatment of cancer and other serious diseases. The company is leveraging its fully integrated drug discovery platform to fuel the growth of its development pipeline, which is primarily focused on cancer. Currently, Exelixis' broad product pipeline includes investigational compounds in phase 2 and phase 1 clinical development. Exelixis has established strategic corporate alliances with major pharmaceutical and biotechnology companies, including GlaxoSmithKline, Bristol-Myers Squibb Company, Genentech, Wyeth Pharmaceuticals and Daiichi-Sankyo. For more information, please visit the company's web site at http://www.exelixis.com.

CONTACT: Investors, Charles Butler, Senior Director, Corporate
Communications & Investor Relations, +1-650-837-7277, cbutler@exelixis.com,
or Media, Soleil Maxwell Harrison, Senior Manager, Corporate
Communications, +1-650-837-7012, sharrison@exelixis.com, both of Exelixis,
Inc.

Web site: http://www.exelixis.com/

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