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| Dear Poniard Pharmaceuticals, Inc. Shareholder: The 2009 Annual Meeting of Shareholders of Poniard Pharmaceuticals, Inc. (the “Company”) will be held at the Company’s corporate headquarters, 7000 Shoreline Court, Suite 270, South San Francisco, CA 94080-1957, on Wednesday, June 24, 2009, at 9:00 a.m. (local time), for the following purposes: (1) To elect nine members to the Board of Directors; and (2) To transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Our Board of Directors recommends that you vote “FOR” the election of each of the nine nominees to the Board. The record date for determining shareholders entitled to notice of, and to vote at, the Annual Meeting or any adjournments or postponements thereof is the close of business on April 24, 2009. Poniard Pharmaceuticals, Inc. BAR CODE RESTRICTED AREA This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. We encourage you to access and review all of the important information contained in the proxy materials before voting. If you want to receive a paper or e-mail copy of these documents, you must request one. There is no charge to you for requesting a copy. Please make your request for a copy as instructed below on or before June 10, 2009 to facilitate timely delivery. Poniard Pharmaceuticals, Inc. 7000 Shoreline Court, Suite 270, South San Francisco, CA, USA 94080-1957 IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL SHAREHOLDERS MEETING TO BE HELD ON WEDNESDAY, JUNE 24, 2009 The Company’s Proxy Statement, Annual Report to Shareholders and other proxy materials are available at: http://bnymellon.mobular.net/bnymellon/pard You will be able to vote your shares when you view the proxy materials on the Internet. You will be asked to enter this 11-digit control number CONTROL NUMBER 49231 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS |