Prana Biotechnology Announces Management Change

17-Jun-2005

Prana Biotechnology Limited announced that Dr. Jonas Alsenas has stepped down as CEO and as a Director of the Company effective immediately. Dr. Alsenas, who was appointed CEO in August 2004 and served as a director of the Company prior to his appointment, has left the company to pursue other opportunities.

A search is underway for a successor. In the meantime, Geoffrey Kempler is re-assuming the joint positions of Executive Chairman and CEO.

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