Medicago, Inc. Updates Following its Annual and Special Meeting of Shareholders

QUEBEC CITY, May 30 /CNW/ - Medicago Inc. (TSX-V: MDG) today announced the results of its Annual and Special Meeting held on May 27, 2008 in Quebec City, Quebec. At the meeting, all matters put before the shareholders were approved, including the amendment of the Stock Option Plan to increase the number of options available under the Stock Option Plan to 4.5 million. The Board of Directors will consist of Randal Chase, Andrew J. Sheldon, Pierre Seccareccia, Jonathan Goodman, Damien Lévesque, Paul Marshall and Louis P. Vézina. For further details, please see the management proxy circular available on www.sedar.com.