Coley Pharmaceutical Group to Present at the Canaccord Adams 27th Annual Global Growth Conference

WELLESLEY, Mass., July 31 /PRNewswire-FirstCall/ -- Coley Pharmaceutical Group, Inc. , today announced that Susan Hager, Senior Director, Investor Relations & Corporate Communications will be presenting a corporate update at the upcoming Canaccord Adams 27th Annual Global Growth Conference meeting at 8:30am EDT on August 7, 2007 at the InterContinental Boston Hotel in Boston, MA.

Interested parties may access an audio webcast of the presentation by visiting the Coley Pharmaceutical Group website at http://www.coleypharma.com. A replay of the webcast will be archived on the “Investor Events” page in the Investor Center section of the Coley website for two weeks until August 21, 2007

About Coley Pharmaceutical Group

Coley Pharmaceutical Group, Inc. is an international biopharmaceutical company, headquartered in Wellesley, Massachusetts, USA, that discovers and develops TLR Therapeutics(TM), a new class of investigational drug candidates that direct the human immune system to fight cancers, allergy and asthma disorders and to enhance the effectiveness of vaccines. Coley has established a pipeline of TLR Therapeutic product candidates currently advancing through clinical development with partners and has additional product candidates in preclinical development. Coley has product development, research and license agreements with Pfizer, sanofi-aventis, GlaxoSmithKline, Merck, Novartis Vaccines and the United States government. For further information on Coley Pharmaceutical Group please visit www.coleypharma.com.

Coley Pharmaceutical Group, Inc.

CONTACT: Susan Hager, Sr. Director, Investor Relations and CorporateCommunications, of Coley Pharmaceutical Group, Inc., +1-781-431-9079,shager@coleypharm.com; Media, Karen L. Bergman, +1-605-575-1509,kbergman@bccpartners.com, or Michelle Corral, +1-415-794-8662,mcorral@bccpartners.com, both of BCC Partners for Coley PharmaceuticalGroup, Inc.

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