ImClone Systems Incorporated Appoints Jules Haimovitz to Board of Directors

NEW YORK--(BUSINESS WIRE)--ImClone Systems Incorporated (NASDAQ: IMCL) announced today that Jules Haimovitz has been appointed a director by the Company’s Board of Directors (the “Board”), effective as of May 10, 2007. Mr. Haimovitz will serve as the Chairman of the Audit Committee of the Board. The Company also announced that on May 7, 2007, Andrew G. Bodnar resigned as a director of the Company.

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