The plant biotech company Aresa enters into a research collaboration with the Institute of Field and Vegetable Crops, NS Seme in Serbia, with the establishment of a 2,000m² test area in Novi Sad.

First North Announcement no. 9  2007/ 1st June, 2007                            


                                                      Copenhagen, 1st June, 2007

Resume: The plant biotech company Aresa enters into a research collaboration    
with the Institute of Field and Vegetable Crops, NS Seme in Serbia, with the    
establishment of a 3,000m² test area in Novi Sad.                               


Aresa commence test programme in Serbia                                         

As part of the continued development of the landmine detecting plant,           
RedDetect™, Aresa has today entered into a collaboration with the Institute of  
Field and Vegetable Crops, NS Seme in Novi Sad, Serbia. The collaboration       
includes the establishment of a 3,000m test area at the Institute's test fields
in the outskirts of Novi Sad. The area is characteristic for conditions in South
East Europe (Balkans) including many minefields.                                

The test area in Novi Sad gives Aresa the opportunity to further develop and    
test the landmine plant under growth conditions corresponding to those often    
found in minefields in South East Europe. The agreement is therefore a valuable 
addition to Aresa's test sites in Denmark and Croatia.                          

The planned test programme will commence in August and will include the sowing  
of different variations of genetically modified thale cress. Serbia has an      
existing GMO legislation similar to that in the EU and Aresa will in the coming 
week submit an full GMO application. Aresa will, as part of the planned         
development programme, perform several tests during the growing season 2007, and
the results are expected to be published towards the latter part of the year.   

The collaboration with the Institute of Field and Vegetable Crops, NS Seme in   
Novi Sad, one of the leading plant research institutions in South East Europe,  
has been established on the basis of a common wish to develop and utilise gene  
technology for the value creation in both South East Europe and in other        
countries.                                                                      


Best regards,                                                                   


Jarne Elleholm                                                                  
CEO                                                                             
Aresa A/S                                                                       


Further information can be obtained by contacting Jarne Elleholm, CEO for Aresa 
A/S on +45 70227747, mobile: +45 41190136 or to the company's financial advisor 
HSH Gudme Corporate Finance A/S, Morten Kjærulff, Director, +45 33449431.       

About Aresa                                                                     
Aresa is a plant biotech company established in 2001 by the company's current   
CSO, Carsten Meier and has origins from the Institute of Molecular Biology at   
Copenhagen University.                                                          

Aresa has developed two plant based technology platforms, BioSensor for the     
detection of substances in soil, hereunder evaporation of explosives from       
landmines; and BioPharma, a tool for the optimisation and production of         
antibodies and proteins in plants.                                              

Aresa was listed on the Copenhagen OMX-First North market place in 2006. Aresa  
is based at Symbion Science Park in Copenhagen and has greenhouse facilities in 
the outskirts of Copenhagen and test areas in Denmark, Croatia and now also in  
Bosnia Herzegovina. Aresa has 17 employees, hereof 9 within research and        
development and 5 within landmine operations.