NB Public Equity K/S announces acquisition of shares of QLT Inc.

    VANCOUVER, Feb. 12 /CNW/ - NB Public Equity K/S ("NB") announces that on
February 10, 2009, it acquired (the "Acquisition") in open market purchases,
through the facilities of the NASDAQ Stock Market, ownership of 172,974 common
shares (the "Shares") of QLT Inc. ("QLTI") at an average price of
approximately $2.3008 USD ($2.867 CAN) per Share. Together with previously
owned Shares, the Acquisition brought the total shareholdings of NB in QLTI to
6,686,553 Shares representing approximately 12.2% of the currently issued and
outstanding Shares.
    Prior to the Acquisition, NB held 6,513,579 Shares, or approximately 8.7%
of the issued and outstanding Shares, which solely as a result of the
completion of QLTI's issuer bid which expired on January 26, 2009, increased
to approximately 11.9% of the issued and outstanding Shares.
    The Shares were acquired for investment purposes only and NB may acquire
further securities of QLTI in the future.

    This news release is being issued pursuant to Part 3 of National
Instrument 62-103 The Early Warning System and Related Take-Over Bid and
Insider Reporting Issues of the Canadian Securities Administrators. A copy of
the report filed by NB in connection with the Acquisition is available on
QLTI's SEDAR profile, and it can also be obtained directly from NB by
contacting the representative of NB, John M. Barberich at +45 3318 6133 or

For further information:

For further information: John M. Barberich at +45 3318 6133

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