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Investor Relations

Direct Stock Purchase Program

We are pleased to be able to offer you the Aastrom Biosciences, Inc. - Direct Stock Purchase Program. Aastrom's Direct Stock Purchase Program (DSPP) provides Aastrom's shareholders with an alternative to traditional methods of purchasing, holding, and selling additional shares of Aastrom common stock, without incurring brokerage costs and at a slight discount to recent average market prices at the time of purchase. The DSPP is open to all shareholders owning at least one share of Aastrom common stock.

Details of the DSPP:

Monthly Purchase/
Sale Date:
The first Wednesday of the month, after the 15th
Purchase Price: Discount of 3% from the average closing sale prices for three trading days, ending two days before the purchase date stated above.
Purchase Limits: Monthly minimum purchase of $250 shares; Monthly maximum of $100,000
Service Charge: One time sign up fee of $10
Brokerage Commissions: None
Forms of Payment: Check/Direct Debit from bank account; must be received 5 business days prior to the purchase date.
Plan Administrator: Continental Stock Transfer & Trust Company
Safekeeping of Shares: Held by Plan Administrator in book-entry form (can withdraw shares on request)
Eligible Participants: Current shareholders of ASTM common stock. If you hold common stock in "street name" through a broker or bank, you may enroll in either of the following ways: 1. Register one or more shares directly in your name by instructing your broker to re-register your shares through Continental (1-800-509-5586) 2. Provide Aastrom with a copy of a recent brokerage account statement (dated within the last three months) that shows your ownership of Aastrom shares. You will also need to complete and return a Share Ownership Certification Form.
How to Enroll: 1. Shareholders must read the Aastrom DSPP prospectus (updated prospectus dated August 27, 2007), before enrolling in the Plan

2. Shareholders must complete the Aastrom DSPP Authorization and Enrollment Form and mail it to Continental Stock Transfer & Trust Company ("Continental") prior to processing share transactions. Completion of this form allows you to:
  • Authorize Continental to be your agent under the terms of the DSPP
  • Enroll to receive your Account Number for the Aastrom DSPP plan
  • Elect Monthly Automatic Deductions from a bank account, if so desired
3. Shareholders must complete the Aastrom DSPP Transaction Form and mail it to Continental to process each transaction. Completion of this form allows you to:
  • Process voluntary common stock purchases
  • Make changes to your account information
  • Authorize withdrawal of shares from the DSPP
For more information about the Aastrom DSPP, contact Aastrom's Investor Relations Department by calling 1-734-930-5777.

For questions regarding your Aastrom DSPP Account, please contact Continental customer service by calling 1-800-509-5586.



Stock Information
ASTM - (NASD)
$0.41   - 0.01
05-09-08
11:15 AM ET
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