EANS-News: Publication pursuant to sections 4 and 5 of the Publication Ordinance 2002 INTERCELL AG, ISIN: AT0000612601

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Vienna, December 15, 2010 - (euro adhoc) - Since 2002, the shareholders meeting
of INTERCELL AG has issued stock options on a regular basis to members of the
management board, the supervisory board and employees. According to section 159
para 3 and section 95 para 6 of the Austrian stock corporation act, the
management board has published a report on the option grant. In connection with
the exercise of stock options during the last exercise window in December 2010
the Company intends to use own shares held as treasury stock.

Therefore, the Management Board of Intercell AG has resolved on December 15,
2010 in accordance with the Supervisory Board, to transfer own shares held as
treasury stock, which have been acquired according to the resolutions of the
Shareholders Meetings held on 24 May, 2002, on 14 July, 2003 and on 1 June 2004,
to members of the management board, the supervisory board and employees of
Intercell AG in connection with the exercise of stock options.

Based on the above mentioned resolutions of the Shareholders Meetings, in which
the authorizations to re-purchase own shares were approved according to Section
65 para 1 lit 4 of the Austrian stock corporations act, Intercell AG herewith
informs about the upcoming transfer of up to 67,500 own shares of common stock
with no par value, corresponding to up to 0.14 percent of the share capital of
Intercell AG, to members of the management board, the supervisory board and
employees of Intercell AG between December 20, 2010 and January 31, 2011. The
transfer shall be conducted over-the-counter at a sales price equivalent to the
exercise price of the stock options ranging from EUR 3.99 to EUR 11.43 per
share. The transfer shall not affect the admission of shares of Intercell AG at
the Vienna Stock exchange.

Until now, the following numbers of stock options have been granted to members
of the Supervisory Board, members of the Management Board, executive employees
and other employees (excluding options that have been cancelled):

Beneficiaries Number of options

Members of the Supervisory Board
Michel Gréco 43,750
Ernst Afting 51,250
David Ebsworth 45,000
James R. Sulat 42,500
Hans Wigzell 45,000

Members of the Management Board
Gerd Zettlmeissl 473,500
Thomas Lingelbach 350,000
Mustapha Leavenworth Bakali 50,000
Reinhard Kandera 186,000

Executive employees 830,900
Other employees 221,525
Employees of subsidiaries 731,342

Total 3,070,767

According to Section 7 para 2 in connection with Section 5 para 4 of the
Publication Ordenance 2002 Intercell AG informs, that the disclosure obligation
according to Section 7 of the Publication Ordenance 2002 (completion of the
transfer) shall be effected via the internet. The information according to
Section 7 of the Publication Ordenance 2002 shall be posted on the webpage of
Intercell AG under www.intercell.com.

INTERCELL AG

Further inquiry note:
Intercell AG
Gerald Strohmaier
Tel. +43 1 20620-1229
[email protected]
end of announcement euro adhoc
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company: Intercell AG
Campus Vienna Biocenter 3
A-1030 Wien
phone: +43 1 20620-0
FAX: +43 1 20620-800
mail: [email protected]
WWW: www.intercell.com
sector: Biotechnology
ISIN: AT0000612601
indexes: ATX Prime, ATX
stockmarkets: official market: Wien
language: English

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