Affymax Appoints Rich Brenner CEO

As previously announced, on May 28, 2013, Affymax, Inc.

received a determination letter (the “Determination Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) delisting the Company's common stock from Nasdaq as of June 6, 2013. Effective on that date, its common stock was immediately eligible for and now trades for quotation on the OTCQB, an electronic quotation service operated by OTC Markets Group Inc. for eligible securities traded over-the-counter. The Company expects that its common stock will also trade on the OTC Bulletin Board. The Company's common stock will continue to trade under the symbol AFFY. Senior Leadership Changes Effective June 6, 2013, Herb Cross was terminated as Chief Financial