Announcement of prospectus regarding rights issue in Active Biotech AB (publ)


- Not for distribution in or into the United States of America,
Canada, Japan or Australia -

The Swedish language prospectus regarding the rights issue in  Active
Biotech  AB  (publ)  is  now  available  at  the  company's  website,
www.activebiotech.com,  and   at   the  company's   office,   address
Scheelevägen 22, SE-220 07, Lund, Sweden. The prospectus may also  be
obtained from the company via  telephone, +46-46 19 20 00.  Documents
incorporated by reference  in the  prospectus are  also available  in
accordance with the above.

The prospectus including issue  documentation will be distributed  to
shareholders and  representatives of  shareholders, whose  names  are
entered in the  share register  kept by  Euroclear Sweden  AB on  the
record date 20 May 2009.

The English language prospectus will be published within the next few
days.

Lund, May 18, 2009
Active Biotech AB (publ)


For further information, please contact:
Tomas Leanderson, President & CEO
Tel: +46-46 19 20 95
E-mail: tomas.leanderson@activebiotech.com

Hans Kolam, CFO
Tel: +46-46 19 20 44
E-mail: hans.kolam@activebiotech.com


About Active Biotech
Active Biotech AB (NASDAQ OMX NORDIC: ACTI), headquartered in Sweden,
is a  biotechnology  company with  focus  on  autoimmune/inflammatory
diseases and cancer.  Projects in  pivotal phase  are laquinimod,  an
orally  administered  small  molecule  with  unique  immunomodulatory
properties for the treatment of multiple sclerosis, as well as ANYARA
for use in cancer targeted  therapy, primarily renal cancer.  Further
key projects  in  clinical  development  comprise  the  three  orally
administered compounds TASQ  for prostate cancer,  57-57 for SLE  and
RhuDex(TM)  for  RA.  Please  visit  www.activebiotech.com  for  more
information.


Active Biotech is required under  the Securities Markets Act to  make
the information in  this press  release public.  The information  was
submitted for publication at 08:30 am CET on May 18, 2009.

Active Biotech AB (org. no. 556223-9227)
P.O. Box 724, SE-220 07 Lund, Sweden
Tel +46 46-19 20 00
Fax +46 46-19 11 00

This press release does not constitute an offer of any securities  of
Active Biotech. The rights issue  is not directed to shareholders  or
other investors  domiciled in  the United  States, Canada,  Japan  or
Australia, or in any other  country where participation in the  issue
would require additional prospectuses, registration or other measures
other than  those pursuant  to  Swedish law  or would  conflict  with
regulations in such country. No shares, interim shares,  subscription
rights or other securities issued by Active Biotech have been or will
be registered in accordance with the United States Securities Act  of
1933, or in accordance with  any securities legislation in any  state
of the United States or any  province in Canada. Accordingly, no  new
shares, interim  shares,  subscription  rights  or  other  securities
issued by Active Biotech  may be transferred or  offered for sale  in
the United States  or Canada,  other than in  such exceptional  cases
that do not require registration.