Sirtris Pharmaceuticals, Inc. Announces Pricing of Its Initial Public Offering



    Sirtris Pharmaceuticals, Inc. (NASDAQ: SIRT), a biopharmaceutical
    company focused on discovering and developing small molecule drugs to
    treat diseases of aging such as Type 2 Diabetes, today announced the
    pricing of its initial public offering of 6,000,000 shares of its
    common stock at $10.00 per share, before underwriting discounts and
    commissions. All of the common stock is being offered by Sirtris. In
    addition, Sirtris has granted the underwriters a 30-day option to
    purchase up to an additional 900,000 shares to cover over-allotments,
    if any. J.P. Morgan Securities Inc. is acting as the sole book-running
    manager and CIBC World Markets Corp., Piper Jaffray & Co., JMP
    Securities LLC, and Rodman & Renshaw, LLC are acting as co-managers
    for the offering. The shares will trade on the NASDAQ Global Market
    under the symbol "SIRT."

    A registration statement relating to these securities was declared
    effective by the Securities and Exchange Commission on May 22nd, 2007.
    The public offering is being made by means of a written prospectus.
    Copies of the final prospectus relating to the offering may be
    obtained from: J.P. Morgan Securities Inc., Attention: Prospectus
    Department, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245.
    Phone: (718) 242-8002. Email: addressing.services@jpmorgan.com.

    This press release shall not constitute an offer to sell or the
    solicitation of an offer to buy, nor shall there be any sale of these
    securities in any state in which such offer, solicitation or sale
    would be unlawful prior to their registration or qualification under
    the securities laws of any such state.

    About Sirtris Pharmaceuticals

    Sirtris Pharmaceuticals is a biopharmaceutical company focused on
    discovering and developing proprietary, orally available, small
    molecule drugs with the potential to treat diseases associated with
    aging, including metabolic diseases such as Type 2 Diabetes. Our drug
    candidates are designed to mimic certain beneficial health effects of
    calorie restriction, without requiring a change in eating habits, by
    activation of sirtuins, a recently discovered class of enzymes. The
    company's headquarters are in Cambridge, Massachusetts.