THE LANCE ARMSTONG FOUNDATION AND LANCE ARMSTRONG HONORED AT ASCO CONFERENCE
LAF and Lance Receive Outstanding Donor Award, Special Recognition Award

AUSTIN, Texas - June 1, 2006 - The American Society of Clinical Oncology (ASCO) honored Lance Armstrong and the Lance Armstrong Foundation (LAF) at this year's 42nd annual conference. Lance received the Special Recognition Award that recognizes a person and his/her individual efforts in the field of oncology. The LAF received the Outstanding Donor Award for its $320,000 educational grant to the ASCO Foundation.

ASCO recognized Lance for his efforts to increase public awareness and support for the physical, emotional and practical challenges faced by cancer survivors. Through advocacy, public health and research programs, the LAF helps people affected by cancer to live life on their own terms.

The Foundation's grant helped fund an Online Survivorship Portfolio that highlighted the ASCO Annual Meeting sessions and content related to survivorship issues. In addition, the LAF funded a Clinical Research Career Development Award that was presented at the ASCO Annual Meeting to investigator Feng-Ming Kong, M.D., Ph.D., University of Michigan.

Doug Ulman, chief mission officer of the LAF, participated in a panel discussion on cancer survivorship titled Assessing Progress, Advancing Change: Challenges in Cancer Survivorship. The President's Cancer Panel (PCP), of which Armstrong is a member, hosted the program, and PCP Chair LaSalle D. Leffall, Jr., M.D., facilitated the panel discussion. Other panel participants included Dr. Linda Jacobs, director of the LAF-funded Living Well After Cancer Program at the University of Pennsylvania Cancer Center, and Dr. Carolyn Runowicz, president of the American Cancer Society.

About the Lance Armstrong Foundation
The Lance Armstrong Foundation (LAF) inspires and empowers people affected by cancer. We help people with cancer focus on living; we believe that unity is strength, knowledge is power and attitude is everything. From the moment of diagnosis, the LAF provides the practical information and tools people with cancer need to live life on their own terms. The LAF serves its mission through advocacy, public health and research. Founded in 1997 by cancer survivor and champion cyclist Lance Armstrong, the LAF is located in Austin, Texas. For more information, visit www.livestrong.org.

About ASCO
ASCO is a non-profit organization, founded in 1964, with overarching goals of improving cancer care and prevention and ensuring that all patients with cancer receive care of the highest quality. More than 23,000 oncology health care practitioners belong to ASCO, representing all oncology disciplines (medical, radiologic, and surgical oncology) and subspecialties.

As the world's leading professional organization representing physicians who treat people with cancer, ASCO is committed to advancing the education of oncologists and other oncology professionals, to advocating for policies that provide access to high-quality cancer care, and to supporting the clinical trials system and the need for increased clinical and translational research.  ASCO's annual conference is considered the premier educational and scientific event in the oncology community. Visit www.asco.org for more information.