Nabi (NABI) To Bring in Russell Plumb as President and CEO Post-Merger

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Nabi Biopharmaceuticals (Nasdaq: NABI) today announced that Biota Holdings Limited has entered into advanced discussions with Russell H. Plumb, the former President and Chief Executive Officer of Inhibitex, Inc., with a view to agreeing on the terms and conditions for the appointment of Mr. Plumb as the President and Chief Executive Officer of Biota Pharmaceuticals, Inc., the combined company upon the successful completion of the proposed business combination transaction between Biota and Nabi. It is also expected that Mr. Plumb will be appointed as a director of Biota Pharmaceuticals, Inc.

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