RNS Number:3652K
Arana Therapeutics Limited
20 December 2007


For Immediate Release                                           20 December 2007
                                                                          
                           Arana Therapeutics Limited

                          Notification of Shareholding

Arana Therapeutics Limited, (AIM: AAHx ASX: AAH) (the "Company"), the Australian
biopharmaceutical company that uses superior technology to develop next
generation drugs that will improve the lives of patients with inflammatory
diseases and cancer has identified on 20 December 2007 that with effect from 19
December 2007 the following changes in its share register

(a)    Citicorp Nominees Pty Limited reduced its direct holding from 14,698,834
(6.26% % of the issued share capital of the Company) ordinary shares in the
capital of the Company to 3,868,689 (1.65% of the issued share capital of the
Company) ordinary shares in the capital of the Company; and

(b)   Rockwell Securities Limited increased its holding by 10,926,884 ordinary
shares to 10,997,103 (4.68% of the issued share capital of the Company) ordinary
shares in the capital of the Company.

For further information, please contact:

Arana Therapeutics Limited
Dr John Chiplin, Chief Executive Officer                      +61 (0)2 8061 9900
                                                                          
Niall Henderson, Chief Financial Officer                      +61 (0)2 8061 9900
                                                                          

Buchanan Communication
Lisa Baderoon/Rebecca Skye Dietrich                          +44 (0)20 7466 5000
                                                                          

Nomura Code Securities
Charles Walker                                               +44 (0)20 7776 1206
                                                                          


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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