Genta Incorporated To Host Conference Call To Discuss Second Quarter Highlights And Financial Results

BERKELEY HEIGHTS, N.J., Aug. 1 /PRNewswire-FirstCall/ -- Genta Incorporated announced that the Company will release its second quarter 2006 financial results on Tuesday, August 8, 2006. Dr. Raymond P. Warrell, Jr., Chairman and CEO, joined by Richard Moran, Senior Vice President and Chief Financial Officer, will host a conference call and live audio webcast to discuss financial results and general corporate activities at 8:00 am EDT.

Conference call information: US/Canada call: 877-634-8606; conference code Genta Incorporated International call: 706-679-3140; conference code Genta Incorporated Webcast: http://www.genta.com/genta/InvestorRelation/events.html

The webcast will be archived for 30 days. Audio replay will be available approximately two hours after the completion of the call, and will be archived for 30 days. Access numbers for this replay are: (800) 642-1687 (U.S./Canada) and (706) 645-9291 (International); conference ID number is: 3540311.

About Genta

Genta Incorporated is a biopharmaceutical company with a diversified product portfolio that is focused on delivering innovative products for the treatment of patients with cancer. The Company’s research platform is anchored by two major programs that center on oligonucleotides (RNA- and DNA- based medicines) and small molecules. Genasense(R) (oblimersen sodium) Injection is the Company’s lead compound from its oligonucleotide program. The Company has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration for the use of Genasense plus fludarabine and cyclophosphamide for treatment of patients with relapsed or refractory chronic lymphocytic leukemia (CLL). Genta has also completed a Marketing Authorization Application to the European Medicines Agency (EMEA) for use of Genasense plus dacarbazine for treatment of patients with advanced melanoma. The leading drug in Genta’s small molecule program is Ganite(R) (gallium nitrate injection), which the Company is exclusively marketing in the U.S. for treatment of symptomatic patients with cancer related hypercalcemia that is resistant to hydration. For more information about Genta, please visit our website at: www.genta.com.

This press release and the conference call to follow may contain forward- looking statements with respect to business conducted by Genta Incorporated. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially. For a discussion of those risks and uncertainties, please see the Company’s Annual Report/Form 10- K for 2005 and its most recent Quarterly Report on Form 10-Q.

Genta Incorporated

CONTACT: Investor Relations: Tara Spiess or Andrea Romstad, TSCommunications Group, LLC, info@genta.com, or +1-908-286-3980; MediaRelations: Greg Tiberend, Richard Lewis Communications, Inc.,+1-212-827-0020

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