Biotech delists shares from TSXV, continues OTCBB trading

    VANCOUVER, Oct. 12 /CNW/ - Biotech Holdings (the "Company", OTCBB: BIOHF)
reports that in connection with a review by the TSX Venture Exchange (the
"Exchange") concerning compliance with the Exchange policy and requirements,
which resulted in the Company's halt status on September 4, 2007, the Board of
Directors of the Company has decided that it is in the best interest of the
Company to apply to the Exchange to delist its shares on a voluntary basis
from the Exchange. As such, the Company has applied to the Exchange to delist
its shares on a voluntary basis from the Exchange in Canada while continuing
trading of the Company's shares on the Over the Counter Bulletin Board in the
United States. The Company continues to report to and be accountable to the
British Columbia Securities Commission, the Alberta Securities Commission and
the U.S. Securities Exchange Commission.

    This release has been approved by the Board of Directors of Biotech

    Robert B. Rieveley, Pres.
    On behalf of the Board of Directors

    Any statements made in this release that are not based on historical fact
are forward-looking statements. Any forward-looking statements made in this
release represent management's best judgement as to what may occur in the
future. However, actual outcome and results are not guaranteed and are subject
to certain risks, uncertainties and assumptions and may differ materially from
what is expressed.

For further information:

For further information: Austin Rand at Biotech Holdings, 1-888-216-1111
(toll-free) 8 a.m. to 4 p.m. Pacific time; For background information on
Biotech Holdings, or to receive news updates, see; The
Company can be reached by calling (604) 295-1119

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