MorphoSys Raises Earning Estimates for 2005

MorphoSys AG (Frankfurt: MOR; Prime Standard Segment, TecDAX) today announced an updated guidance for the financial year 2005. MorphoSys increased its net income guidance for the full year 2005 from € 1.0 million to € 2.0 million, due to a strong operational performance resulting in lower than expected expenses. Full year expenses for 2005 are expected to be € 28 million compared to guidance of € 29 million. Revenue guidance for the full year remained presently unchanged at € 30 million.

For further information, please contact:

MorphoSys AG

Dave Lemus
Chief Financial Officer
Tel.: +49 (0) 89 / 899 27-439
Fax: +49 (0) 89 / 899 27-5439

Dr. Claudia Gutjahr-Löser
Director Corporate Communications
Tel.: +49 (0) 89 / 899 27-122
Fax: +49 (0) 89 / 899 27-5122

Mario Brkulj
PR Specialist

Tel.: +49 (0) 89 / 899 27-454
Fax: +49 (0) 89 / 899 27-5454