Mr. Michael McPhie reports

CURIS ADOPTS SHAREHOLDER RIGHTS PLAN

Curis Resources Ltd.'s board of directors has approved the adoption of a shareholder rights plan agreement. The rights plan is being adopted to ensure the fair treatment of all Curis shareholders in connection with any takeover bid for the outstanding common shares of Curis. The rights plan will provide shareholders with adequate time to evaluate and assess a takeover bid properly without facing undue pressure or coercion. The rights plan also provides the board with additional time to consider any takeover bid and, if applicable, to explore alternative transactions to maximize shareholder value.

The rights plan is similar to other plans adopted by many Canadian companies. It is not being adopted in response to any proposal to acquire control of Curis.

The rights plan has been approved by the Toronto Stock Exchange and will be presented for ratification by the shareholders at the Curis annual meeting to be held on Sept. 19, 2011. If ratified by shareholders, the rights plan will have a term of three years.

We seek Safe Harbor.