ImClone Systems Incorporated (NASDAQ: IMCL), a global leader in the development and commercialization of novel antibodies to treat cancer, today announced that it is scheduled to present at the Goldman Sachs 29th Annual Global Healthcare Conference in Dana Point, CA on Thursday, June 12, 2008 at 10:00 a.m. PDT. A corporate overview will be provided, including additional information on ImClone™s product portfolio.

The presentation will be webcast live and may be accessed by visiting ImClone Systems™ website at www.imclone.com. A replay of the webcast will also be available following the presentation. Investors can access the webcast under Presentations in the Investor Relations section of ImClone Systems™ website.

About ImClone Systems Incorporated

ImClone Systems Incorporated is a fully integrated global biopharmaceutical company committed to advancing oncology care by developing and commercializing a portfolio of targeted biologic treatments designed to address the medical needs of patients with a variety of cancers. The Company™s research and development programs include growth factor blockers and angiogenesis inhibitors. ImClone Systems™ headquarters and research operations are located in New York City, with additional administration and manufacturing facilities in Branchburg, New Jersey. For more information about ImClone Systems, please visit the Company™s web site at http://www.imclone.com.

Certain matters discussed in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those currently expected. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and could impact the Company and the statements contained in this news release can be found in the Company’s filings with the Securities and Exchange Commission, particularly those factors identified as risk factors in the Company™s most recent annual report of Form 10-K and in its quarterly reports on Form 10-Q and current reports on Form 8-K. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

ImClone Systems Incorporated
Rebecca Gregory, 646-638-5058
Corporate Communications
MEDIA@IMCLONE.COM
or
Tracy Henrikson, 908-243-9945
Corporate Communications

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