Forbes Medi-Tech Inc. Receives Extension to Compliance Deadline

VANCOUVER, BRITISH COLUMBIA--(Marketwire - October 22, 2008) - Forbes Medi-Tech Inc. (TSX: FMI)(NASDAQ: FMTI) ("Forbes" or "Company") announced today that the Company received a letter from The Nasdaq Stock Market ("NASDAQ") stating that NASDAQ has decided to temporarily suspend enforcement of the bid price and market value of publicly held share requirements, given the extraordinary current market conditions. As a result, Forbes will now have until June 22, 2009 to regain compliance with the minimum bid price requirement.
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