Cell Therapeutics, Inc. Annual Shareholders Meeting Scheduled For November 30

SEATTLE, Nov. 22 /PRNewswire-FirstCall/ -- On Thursday, November 30, 2006, at 5:00 a.m. Pacific Time/ 8:00 a.m. Eastern Time/ 2:00 p.m. Central European Time, members of Cell Therapeutics, Inc.'s (CTI) management team will host the Company’s Annual Shareholders Meeting at the Borsa Italiana in Milan, Italy. The meeting will be webcast live on CTI’s website at http://www.cticseattle.com and archived for replay.

Questions for management or the Board of Directors may be submitted through Tuesday, November 28 at 5:00 p.m. Pacific time to shareholdersmeeting@ctiseattle.com. For more information about the meeting, please visit the CTI website.

Annual Shareholders Meeting Thursday, November 30 Conference Call 5:00 a.m. Pacific/ 8:00 a.m. Eastern / 2:00 p.m. CET 1-800-257-7063 (US Participants) 1-303-262-2191 (International) Call-back numbers for post listening: 1-800-405-2236 (US Participants) 1-303-590-3000 (International) Entry code: 11077461# Live webcast with slides at http://www.cticseattle.com Archived for post viewing approximately 2 hours after the meeting ends

Cell Therapeutics, Inc.

CONTACT: Leah Grant of Cell Therapeutics, Inc., +1-206-282-7100, or fax,+1-206-272-4434, or invest@ctiseattle.com; or Europe, Mauro Premi of CellTherapeutics Europe S.r.l., +39-02-61035700, or fax, +39-02-61035601, ormauro.premi@ctimilano.com

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