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Philom Bios announces new executive team
Saskatoon, Saskatchewan
November 3, 2003

Philom Bios Inc. announced the recent appointment of a new Executive Team. David Cortens has joined the Company as Chief Financial Officer, and Corporate Secretary; Trevor Thiessen was appointed Vice President, Commercial Operations; and Sanford Gleddie was appointed Vice President, Business Development. In making the announcement, John Cross, President and Chairman of Philom Bios said that the three appointees bring an impressive depth of complementary management experience to Philom Bios.

"The new Executive greatly enhances our capacity to drive the on-going growth and performance of the company," said Cross. "The three officers have the business acumen to accelerate the evolution of our customer-focused business model to better meet the needs of our customers and shareholders."

David Cortens, CFO, assumes overall responsibility for the financial management of the Company. His career has spanned 25 years as a Chartered Accountant in public accounting, CFO in the financial services sector at the national level, and most recently as VP Finance and Corporate Secretary for a scientific instrument company.

Trevor Thiessen, Vice President, Commercial Operations, is responsible for the operations of the existing business of the Company including manufacturing and marketing functions. Previously with the company for almost 6 years in the 1990s, Mr. Thiessen returned to Philom Bios in 2002 following a senior position in the canola seed sector.

Sanford Gleddie, Vice President, Business Development, joined Philom Bios in 1988 and progressed through increasing levels of responsibility to his current position. He is responsible for investments that will drive the growth of the Company through business development and market expansion, and the research and development of new products and processes.

Located in Saskatoon with over 55 employees in a wide range of research, manufacturing, marketing and management positions, Philom Bios is the leading Inoculant Company in Western Canada. Philom Bios is the only Canadian-owned company with high-performance inoculants serving the needs of Prairie farmers. As a Canadian-controlled private corporation, Philom Bios has a 20-year commitment to western farmers through a dynamic partnership with distributors and leading retailers.

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