BERKELEY, CA, February 11, 1998--BioTime, Inc. (NASDAQ:BTIM) is pleased to announce that Milton Dresner has joined its Board of Directors. Dresner is a private investor and Co-Chairman of the Highland Companies, a diversified organization engaged in the development and ownership of residential and industrial real estate. Dresner serves as a director of Avatar Holdings, Inc., a real estate development company, Hudson General Corporation, an aviation services company, and Childtime Learning Centers, Inc. a child care and pre- school education services company. Dresner is 72 years old and is a resident of Birmingham, Michigan.

BioTime, headquartered in Berkeley, California, is engaged in the research and development of synthetic blood plasma expanders and hypothermic blood replacement solutions and technology for use in surgery, emergency trauma treatment, and preservation of organs awaiting transplant, and for other biomedical applications.

CONTACT:

BioTime, Inc.

Victoria Bellport, 510/845-9535