RNS Number:0378P
Arana Therapeutics Limited
29 February 2008


For Immediate Release                                          29 February 2008

                           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 advises that on 26 February 2008 Lim Sen Yap has advised the
Australian Securities Exchange (www.asx.com.au) that himself and his associates
(as defined under the Corporations Act 2001 (Australia)) held a total of
24,984,089 ordinary shares of the Company (10.63% of the issued share capital of
the Company). A copy of the notice filed by Lim Sen Yap is attached.



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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