-->Gilead Board of Directors Appoints James M. Denny as Chairman

Foster City, CA, January 22, 2001 - Gilead Sciences, Inc. (Nasdaq: GILD) announced today that James M. Denny has been appointed to the position of Chairman of the Board of Directors. Mr. Denny, 68, a retired Vice Chairman of Sears, Roebuck and Company, has been a member of the Gilead Board since January 1996, and serves as Chairman of the Audit Committee. Mr. Denny is assuming the responsibilities from Donald H. Rumsfeld, who has held the position of Chairman since 1997. Mr. Rumsfeld, a member of Gilead’s Board since 1988, has resigned from the Board to serve the Bush Administration as Secretary of Defense.

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<ul> ~ GILEAD Press Release 2001/01/22</ul>