Aastrom Announces to Increase the Number of Shares of Common Stock

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Aastrom Biosciences, Inc. (Nasdaq: ASTM) today announced that company shareholders approved amendments to the company's Restated Articles of Incorporation to increase the number of authorized shares of Aastrom common stock from 62,500,000 to 150,000,000 and to increase the number of shares available under the Aastrom 2009 Omnibus Equity Incentive Plan. The amendments were approved at a special meeting of Aastrom shareholders held on Monday, March 21, 2011.

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