Forbes Medi-Tech Inc.
OTC Bulletin Board : FMTI

March 29, 2005 08:00 ET

Forbes Medi-Tech Announces Timing of Year End Financial Results and AGM


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FORBES MEDI-TECH INC.

TSX SYMBOL: FMI
NASDAQ SYMBOL: FMTI

MARCH 29, 2005 - 08:00 ET

Forbes Medi-Tech Announces Timing of Year End
Financial Results and AGM

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 29, 2005) - Forbes
Medi-Tech Inc. (TSE:FMI)(NASDAQ:FMTI) today announced that it would
release its financial results for the fourth quarter and year ended
December 31, 2004 after market on Wednesday, March 30, 2005. A
conference call and webcast to discuss these financial results will be
held on Wednesday March 30, 2005 at 1:30pm PT (4:30pm ET).

Additionally, Forbes will hold its 2005 Annual General Meeting of
Shareholders (AGM) at Vancouver's Four Seasons Hotel, 791 West Georgia
Street, on Wednesday, May 18, 2005 at 2:00pm PT.

About the Conference Call and Webcast

To participate in the conference call, please dial 1-877-888-7019 or
(direct) 416-695-5259. For those investors unable to participate in the
call, the live webcast can be accessed through the Company's website at
www.forbesmedi.com. The call will also be available for replay until
April 11, 2005 by calling 1-888-509-0081 or 416-695-5275. The webcast
link will be archived on the Forbes website afterwards.

About Forbes Medi-Tech Inc.

Forbes Medi-Tech Inc. is a biopharmaceutical company dedicated to the
research, development and commercialization of innovative prescription
pharmaceutical and nutraceutical products for the prevention and
treatment of cardiovascular and related diseases. Forbes' scientific
platform is based on core sterol technology. By extracting plant sterols
from by-products of the forestry industry, Forbes has developed
cholesterol-lowering agents for use in pharmaceutical compounds,
functional foods and dietary supplements.

This News Release contains certain forward-looking statements respecting
the timing of a future news release and a future telephone conference.
Such times and dates are subject to change and/or cancellation without
notice.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Forbes Medi-Tech Inc.
    Darren Seed
    Manager, Investor Relations
    (604) 681-8976
    dseed@forbesmedi.com
    www.forbesmedi.com
    NASDAQ and the Toronto Stock Exchange have not reviewed and do not
    accept responsibility for the adequacy or accuracy of the content of
    this News Release.