Actelion's Annual General Meeting of Shareholders took place at 3:00 p.m. on Friday, 19 April 2002 at the Congress Center, Messeplatz 21, Basel, Switzerland. At the Annual General Meeting, shareholders approved the following measures:

• Increase in conditional capital by CHF 1,250,000, reserved for the issuance of employee stock options
• Increase of Conditional Capital to CHF 5 million, reserved for the issuance in connection with possible convertible bonds
• Decrease in Authorized Capital to CHF 3 million, to be used for general corporate purposes

The shareholders also approved the annual report, including the financial statements, for the year 2001 and confirmed Rob Cawthorn (Chairman), Rudolf Maag and Jean-Paul Clozel as members of the board for another three years.

The board of directors is composed of 9 members: Robert E. Cawthorn (Chairman), Thomas Widmann (Vice-Chairman), Jean-Paul Clozel, Joel Besse, Werner Henrich, Rudolf Maag, Fred J. Meyer, Jane Royston and Andre Mueller.

The Annual General Meeting of Actelion took place in Basel. It was attended by 162 shareholders, representing 7,436,455 shares or 34.98 percent of a total of 21,258,506 shares.