Algeta to Participate in Upcoming Investor Conferences


OSLO, Norway, Nov. 5, 2013 (GLOBE NEWSWIRE) --

Algeta ASA (OSE: ALGETA), a company focused on
the development of novel targeted cancer therapeutics, announces that members of
its executive management team will participate in the following upcoming
investor conferences:


 Credit Suisse Healthcare Conference 2013

     Date: 12-14 November 2013

     Participants:

         Jeff Albers (President, Algeta US)

         Mike Booth (SVP, Communications)

     Venue: Scottsdale, AZ, USA


 DNB Markets Health Care Conference

     Date: 27 November 2013

     Participants:

         Andrew Kay (President & CEO)

         Thomas Ramdahl (Executive VP and COO)

     Venue: Oslo, Norway


 Deutsche Bank dbAccess Pharmaceutical Corporate Day

     Date: 5 December 2013

     Participants:

         Andrew Kay (President & CEO)

         Mike Booth (SVP, Communications)

     Venue: London, UK


 SEB Securities Best of Norway Day

     Date: 12 December 2013

     Participants:

         Mike Booth (SVP, Communications)

     Venue: New York, NY, USA


Presentations, where applicable, will be available to download at www.algeta.com
following these events.

                                      ###


For further information, please contact:

 Mike Booth                             +1 646 410 1884

 Communications & Corporate Affairs     ir@algeta.com



 Media enquiries:

 Mark Swallow                           +44 207 638 9571

 Citigate Dewe Rogerson                 mark.swallow@citigatedr.co.uk



 Knut Ekern                             +47 22 04 82 00

 Gambit Hill & Knowlton                 knut.ekern@hkstrategies.com



 Kari Watson                            +1 781 235 3060

 MacDougall Biomedical Communications   kwatson@macbiocom.com



 Investor enquiries:

 Tricia Truehart                        +1 646 378 2953

 The Trout Group                        ttruehart@troutgroup.com



About Algeta

Algeta is a company focused on developing, manufacturing and marketing novel
targeted therapies for patients with cancer. The Company is headquartered in
Oslo, Norway, and has a US subsidiary, Algeta US, LLC, based in Cambridge, MA
performing commercial marketing operations in the US. Algeta is listed on the
Oslo Stock Exchange (Ticker: ALGETA). For more information please visit
www.algeta.com.




Press release: http://hugin.info/134655/R/1740508/584543.pdf

[HUG#1740508]