VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 17, 2008) - Forbes Medi-Tech Inc. (TSX: FMI)(NASDAQ: FMTI) (“Forbes” or “Company”) announced today that the Company has demonstrated compliance with Nasdaq’s Minimum Bid Price Requirement, as evidenced by a closing bid price of $1.00 or more for a minimum of ten consecutive trading days. Accordingly, the Nasdaq Hearings Panel has determined that the Company’s shares will continue to be listed on The Nasdaq Stock Market.