Given Imaging Announces Several Studies Showing Clinical Efficacy of Capsule Endoscopy in Diagnosing and Managing Crohn's Disease

YOQNEAM, Israel - May 21, 2003 - Given Imaging (NASDAQ: GIVN) announced today that data from six studies presented at Digestive Disease Week 2003 in Orlando further support using capsule endoscopy for the diagnosis and evaluation of patients with suspected Crohn’s disease. These studies show that capsule endoscopy is a useful tool in the diagnosis of Crohn’s disease, avoids radiation associated with small bowel follow through procedures and provides a higher diagnostic yield.

Crohn's disease is a serious inflammatory condition of the gastrointestinal (GI) tract predominantly occurring in the small intestine. It is a chronic condition that historically has been difficult to diagnose as symptoms vary among patients. Until capsule endoscopy, physicians have used a variety of procedures for diagnosis including endoscopy and barium x-ray.

"Capsule endoscopy will play an important role in the diagnosis of Crohn’s disease. Capsule endoscopy may also play a role in the follow up of medically treated patients both in the numerous clinical trials underway as well as in daily clinical practice to determine mucosal healing. We’re learning from clinical trials that many patients with assumed active disease may in fact not have active inflammation as determined by objective measures. Capsule endoscopy findings in these patients may prove very valuable in guiding day to day therapy. It may also prove a very valuable tool in patients after surgery for Crohn’s disease as a predictive tool as to which patients require preventative medical therapy. Capsule endoscopy will also have a role in ruling out Crohn’s disease or other inflammatory lesions in a sub-set of IBS patients, one of the most common GI conditions," said Asher Kornbluth M.D., of The Henry D. Janowitz Division of Gastroenterology, Department of Medicine, The Mount Sinai Medical Center.

Studies presented at DDW related to the diagnosis of Crohn’s disease include:

About DDW
Digestive Disease Week (DDW) is the largest international gathering of physicians, researchers and academics in the fields of gastroenterology, hepatology, endoscopy and gastrointestinal surgery. Jointly sponsored by the American Association for the Study of Liver Diseases (AASLD), the American Gastroenterological Association (AGA), the American Society for Gastrointestinal Endoscopy (ASGE) and the Society for Surgery of the Alimentary Tract (SSAT), DDW takes place May 17-22, 2003 in Orlando, Florida. The meeting showcases approximately 5,000 abstracts and hundreds of lectures on the latest advances in GI research, medicine and technology.

About Given Imaging
Given Imaging develops, produces and markets the Given® Diagnostic System featuring the M2A(R) Capsule Endoscope, the only non-invasive method for direct visualization of the entire small intestine. The system uses a disposable miniature video camera contained in a capsule which is ingested by the patient. The M2A capsule passes naturally through the digestive tract, transmitting high quality color images, without interfering with the patient's normal activities. The system received clearance from the FDA in August 2001 and received permission to affix the CE mark in May 2001. Distribution channels for the system have been established in more than 50 countries worldwide. The M2A has been utilized to diagnose a range of diseases of the small intestine including Crohn's Disease, Celiac disease and other malabsorption disorders, benign and malignant tumors of the small intestine, vascular disorders, medication related small bowel injury, as well as a range of pediatric small bowel disorders. For more information, visit www.givenimaging.com.

This press release contains forward-looking statements about Given Imaging, including projections about our business, our future revenues, and our future profitability, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense, words such as "anticipates," "estimates," "expects," "intends," "plans," "believes," and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify such forward-looking statements. Those forward-looking statements are not guarantees of future performance and actual results could differ materially from our current expectations as a result of numerous factors, including but not limited to the following: changes in regulatory environment, our success in implementing our sales, marketing and manufacturing plan, protection and validity of patents and other intellectual property rights, the impact of currency exchange rates, the effect of competition by other companies, the outcome of future litigation, the reimbursement policies for our product from healthcare payors, quarterly variations in operating results, the possibility of armed conflict or civil or military unrest in Israel and other risks disclosed in our filings with the U.S. Securities Exchange Commission.

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19.Sept.'03