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Case 4:07-cv-04972-CW

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Filed 09/26/2007

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

x : : : Plaintiff, : : vs. : : THRESHOLD PHARMACEUTICALS, INC., : et al., : : Defendants. : x JERRY TWINDE, On Behalf of Himself and All Others Similarly Situated,

Civil Action No. 1:07-cv-06227-JSR (Consolidated) CLASS ACTION DECLARATION OF MARIO ALBA JR. IN SUPPORT OF THE MOTION OF MICHAEL HENTOSH FOR APPOINTMENT AS LEAD PLAINTIFF AND FOR APPROVAL OF SELECTION OF LEAD COUNSEL

Case 4:07-cv-04972-CW

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Filed 09/26/2007

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Mario Alba Jr., declares, under penalty of perjury: 1. I am an associate of the law firm of Coughlin Stoia Geller Rudman & Robbins LLP

("Coughlin Stoia"), one of plaintiff's counsel in the action entitled Jerry Twinde vs. Threshold Pharmaceuticals, Inc., et al., Civil Action No. 1:07-cv-06227-JSR (the "Twinde Action"). I submit this Declaration in support of the motion of Michael Hentosh for appointment as Lead Plaintiff and for approval of selection of Lead Counsel. 2. Attached hereto as Exhibit A is a true and accurate copy of the notice published by

plaintiff in the Twinde Action on Business Wire, a national, business-oriented newswire service, on July 5, 2007. 3. Attached hereto as Exhibit B is a true and accurate copy of a loss chart presenting the

transactions in the subject securities and summarizing the estimated losses of Michael Hentosh at $83,811.64, in connection with his purchases of Threshold Pharmaceuticals, Inc. shares. 4. 5. Attached hereto as Exhibit C is the certification of Michael Hentosh. Attached hereto as Exhibit D is a true copy of the firm resume of Coughlin Stoia.

DATED: September 4, 2007

/s/ Mario Alba Jr. MARIO ALBA, JR.

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Case 4:07-cv-04972-CW

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CERTIFICATE OF SERVICE I, Mario Alba Jr., hereby certify that on September 4, 2007, I caused a true and correct copy of the attached: Notice Of Motion For Appointment As Lead Plaintiff And For Approval Of Selection Of Lead Counsel; Memorandum In Support Of The Motion Of Michael Hentosh For Appointment As Lead Plaintiff And For Approval Of Selection Of Lead Counsel; and Declaration of Mario Alba Jr. In Support Of The Motion Of Michael Hentosh For Appointment As Lead Plaintiff And For Approval Of Selection Of Lead Counsel.

to be served: (i) electronically on all counsel registered for electronic service for this case; and (ii) by first-class mail to all additional counsel on the attached service list.

/s/ Mario Alba Jr. Mario Alba Jr.

Case 4:07-cv-04972-CW

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THRESHOLD Service List - 8/31/2007 Page 1 of 1

(07-0144)

Counsel For Defendant(s) Michael L. Charlson Kevin A. Burke Heller Ehrman LLP Times Square Tower, 7 Times Square New York, NY 10036 212/832-8300 212/763-7600(Fax) Counsel For Plaintiff(s) Evan J. Smith Brodsky & Smith, LLC 240 Mineola Blvd., 1st Floor Mineola, NY 11501 516/741-4977 516/741-0626(Fax) Samuel H. Rudman David A. Rosenfeld Mario Alba, Jr. Coughlin Stoia Geller Rudman & Robbins LLP 58 South Service Road, Suite 200 Melville, NY 11747 631/367-7100 631/367-1173(Fax) Richard A. Maniskas D. Seamus Kaskela Schiffrin Barroway Topaz & Kessler, LLP 280 King of Prussia Road Radnor, PA 19087 610/667-7706 610/667-7056(Fax) Laurence A. Weiss Alexander M.R. Lyon Heller Ehrman LLP 275 Middlefield Road Menlo Park, CA 94025 650/324-7000 650/324-0638(Fax)

Marc S. Henzel Law Offices of Marc S. Henzel 273 Montgomery Avenue, Suite 202 Bala Cynwyd, PA 19004 610/660-8000 610/660-8080(Fax)