Exelixis, Inc. Announces March 19 Webcast of Presentation at the Lehman Brothers 10th Annual Global Healthcare Conference

SOUTH SAN FRANCISCO, Calif., March 14 /PRNewswire-FirstCall/ -- Exelixis, Inc. announced today that Frank Karbe, senior vice president and chief financial officer of Exelixis will present at the Lehman Brothers 10th Annual Global Healthcare Conference at 3:45 p.m. (ET) / 12:45 p.m. (PT) on Monday, March 19, 2007.

The presentation will be webcast and may be accessed in the Event Calendar page under Investors on the Exelixis website at 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 II and Phase I clinical development for cancer and renal disease. Exelixis has established strategic corporate alliances with major pharmaceutical and biotechnology companies, including GlaxoSmithKline, Bristol-Myers Squibb Company, Genentech, Wyeth Pharmaceuticals and Sankyo. For more information, please visit the company’s web site at www.exelixis.com.

Exelixis, Inc.

CONTACT: Charles Butler, Director, Investor Relations, +1-650-837-7277, orcbutler@exelixis.com, or Soleil Maxwell Harrison, Senior Manager, CorporateCommunications, +1-650-837-7012, or sharrison@exelixis.com, both ofExelixis, Inc.

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