DNDN Equity Financings

Equity Financings

We have received net proceeds of $241.2 million from the sale of equity securities since January 1, 2004. Our

existing shelf registration statement filed in August 2005 with the SEC to sell up to $150 million of our common

stock from time to time was declared effective in October 2005. In December 2005, we sold 11.5 million shares of

common stock at a price of $4.50 per share for gross proceeds of $51.8 million, or $48.3 million, net of underwriting

discounts, commissions and other offering costs. In November 2006, we sold 9.9 million shares of common stock at

a price of $4.55 per share for gross proceeds of $45.0 million, or $42.2 million, net of underwriting discounts,

commissions and other offering costs. As of December 31, 2006, $53.2 million of common stock is available to be

sold under this registration statement

Dendreon Secures $130 Million Committed Equity Financing Facility
Friday October 12, 7:00 am ET

SEATTLE, Oct. 12 /PRNewswire-FirstCall/ -- Dendreon Corporation (Nasdaq: DNDN - News) today announced that it has obtained a committed equity financing facility under which it may sell up to $130 million of its registered common stock to Azimuth Opportunity, Ltd. over an 18-month period. Dendreon is not obligated to utilize any of the $130 million facility and remains free to enter into and consummate other equity and debt financing transactions.

Now the price is around 5 per share as of 11/30/2007