Five Prime Therapeutics to Present at the 13th Annual Needham Healthcare Conference

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| Source: Five Prime Therapeutics, Inc.

SOUTH SAN FRANCISCO, Calif., April 1, 2014 (GLOBE NEWSWIRE) -- Five Prime Therapeutics, Inc. (Nasdaq:FPRX), a clinical-stage biotechnology company focused on discovering and developing novel protein therapeutics for cancer and inflammatory diseases, today announced that Aron Knickerbocker, Chief Business Officer, will present at the 13th Annual Needham Healthcare Conference on April 8, 2014 at 4:20 PM Eastern Time. The conference will take place at the Westin Grand Central Hotel in New York City.

The live webcast will be accessible at http://investor.fiveprime.com/events.cfm or as a direct feed from http://wsw.com/webcast/needham65/fprx. Five Prime will maintain an archived replay of the webcast on its website for 30 days after the conference.

About Five Prime

Five Prime is a clinical-stage biotechnology company focused on discovering and developing novel protein therapeutics for cancer and inflammatory diseases. Five Prime has developed a library of more than 5,700 human extracellular proteins. Five Prime screens this comprehensive library with its proprietary high-throughput protein screening technologies to identify new targets for protein therapeutics. Additional information can be found at the company's website: www.fiveprime.com.

Amy Kendall
Corporate Communications
415-365-5776