BIOTIE THERAPIES CORP. STOCK EXCHANGE RELEASE 7 January, 2008 TEKES FINANCES BIOTIE'S THROMBOSIS PROGRAM WITH EUR 1.7 MILLION The Finnish Funding Agency for Technology and Innovation (Tekes) has granted EUR 1.7 million additional funding for Biotie Therapies' integrin alpha2beta1 inhibitor program for thrombosis. The R&D funding granted covers drug development costs of the project from July 2007 to December 2009. The funding granted is in the form of loan and it covers 50 per cent of the costs of the project. The loan will be paid to Biotie against reported realised costs. In order to receive the full amount of granted financing, Biotie must show a total expenditure of EUR 3.4 million in the project. Turku, 7 January 2008 Biotie Therapies Corp. Timo Veromaa President and CEO For further information, please contact: Timo Veromaa, President and CEO, Biotie Therapies Corp. tel. +358 2 274 8901, e-mail: timo.veromaa@biotie.com www.biotie.com Distribution: OMX Nordic Exchange Helsinki Main Media