Wednesday, Feb 24, 1988

Genentech Stock to be Listed on NYSE March 2

South San Francisco, Calif. -- February 24, 1988 --

Genentech, Inc. announced today that March 2 is the effective date for the official listing of its common stock for trading on the New York Stock Exchange (NYSE). The stock will be traded under the symbol GNE.

The company's stock is currently traded on NASDAQ under the symbol GENE.

Genentech is a leading biotechnology company focusing on the development, manufacture and marketing of pharmaceuticals produced by recombinant DNA technology.

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