Chesapeake Biological Laboratories Inc.

BY THE NUMBERS

July 14, 1992

Chesapeake Biological Laboratories Inc., a Baltimore-based biotechnology company, reported a 55 percent increase in revenues in the 12 months ended March 31 as it increased its manufacturing capacity. The company reported a net loss of $8,000 in contrast to earnings of $632,000 a year earlier. However, the 1991 earnings included $1.3 million in other income and a gain from the sale of technology and licensing fees.

Year ended 03/31/92

....Revenue ....... Net....... Share

'92... $2,263,463..... $(8,000).. $(0.002)

'91... $1,456,095..... $632,000.. $0.19

% change... +55.5..... ..... NA..... NA

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