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Guilford Pharmaceuticals to Announce First Quarter 2004 Financial Results on Monday, May 10, 2004

BALTIMORE, April 27 /PRNewswire-FirstCall/ -- Guilford Pharmaceuticals Inc. (Nasdaq: GLFD) will announce its first
quarter 2004 financial results on Monday, May 10, 2004 before the opening of the U.S. financial markets.  The company
will also host a conference call and live audio webcast at 11:00 a.m. E.T. following the announcement.  During this
call, Guilford's management will discuss the financial results and other business for the upcoming year.

The press release and live webcast can be accessed by going to the Investor Relations section of Guilford's website at
http://www.guilfordpharm.com

Following the webcast, an archived version of the call will be available until Monday, May 17, 2004.

To participate in the live conference call, U.S. residents should dial 888-482-0024, international callers 617-801-
9702.  The participant passcode is 90913233

An audio replay of the conference call will be available for 72 hours beginning at approximately 1:00 p.m. E.T. on May
10, 2004 through 1:00 p.m. May 13, 2004.  To access the replay, U.S. residents should dial 888-286-8010, (int'l callers
617-801-6888), passcode 32350709

Guilford Pharmaceuticals Inc. is a fully integrated pharmaceutical company engaged in the research, development and
commercialization of products that target the hospital market.  Presently, Guilford markets two commercial products,
GLIADEL(R) Wafer, for the treatment of brain cancer, and AGGRASTAT(R) Injection, a glycoprotein GP IIb/IIIa receptor
antagonist used
for the treatment of acute coronary syndrome (ACS).  Guilford's product pipeline includes a novel anesthetic,
AQUAVAN(R) Injection, and drugs for treating Parkinson's disease and post-prostatectomy erectile dysfunction.

Contact:

Guilford Pharmaceuticals Inc.
Stacey Jurchison
410.631.5022
[log in to unmask]

SOURCE: PR Newswire (press release)
http://tinyurl.com/2tyen

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