Calyx and lender agree to extend portion of convertible loan

    NORTH VANCOUVER, Oct. 29 /CNW/ - Calyx Bio-Ventures Inc. ("Calyx" or the
"Company") announced today that the Company has repaid to W. Hugh Notman
$200,000 of the $400,000 principal amount owing, together with interest
accrued to September 30, 2008, on the secured, convertible debenture
previously issued by Chromos Molecular Systems Inc. ("Chromos"), the former
parent of Calyx, to Mr. Notman. This debenture was assigned to, and assumed
by, Calyx as part of the recently completed plan of arrangement and related
transactions involving, among others, Calyx and Chromos. The maturity date for
the balance of the principal amount owing has been extended to November 14,

    Forward-Looking Statements

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forward-looking statements and information contained herein, we have made
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and uncertainties materialize, or should the underlying assumptions prove
incorrect, actual results may vary materially from those described in
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    Although we have attempted to identify factors that may cause actual
actions, events or results to differ materially from those described in
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cause actual results, performances, achievements or events to not be as
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undue reliance on forward-looking statements or information. Except as may be
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forward-looking statements or information, whether as a result of new
information, future events or otherwise. All forward-looking statements and
information made herein are qualified by this cautionary statement.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

For further information:

For further information: Roger Flowerdew, CA, CEO and President, (604)

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