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www.fdanews.com/articles/87624-laddcap-value-partners-lp-announces-delcath-stockholder-s-overwhelming-support-for-stockholder-proposal

LADDCAP VALUE PARTNERS LP ANNOUNCES DELCATH STOCKHOLDER'S OVERWHELMING SUPPORT FOR STOCKHOLDER PROPOSAL

June 15, 2006

Robert B. Ladd on behalf of Laddcap Value Partners LP announces that Delcath Systems, Inc.'s stockholders have overwhelmingly supported Laddcap's stockholder proposal recommending that Delcath's board retain a nationally recognized investment banking and/or merger advisory firm. Mr. Ladd comments that he is "extremely grateful for the significant support of Delcath's stockholders. Delcath's stockholders have spoken. My fellow stockholders and I look forward to Delcath's board engaging a nationally recognized investment banking firm so that we can collectively benefit from experienced independent advice." Business Wire (http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20060615005111&newsLang=en)