X0202 3 2007-08-03 0 0000887497 HI TECH PHARMACAL CO INC HITK 0001280190 ACCIPITER CAPITAL MANAGEMENT, LLC 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 0001351609 Candens Capital LLC 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 0001322420 HOFFMAN GABE 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 0001351187 ACCIPITER LIFE SCIENCES FUND II L P 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 0001351046 Accipiter Life Sciences Fund II Offshore Ltd 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 0001211729 ACCIPITER LIFE SCIENCES FUND LP 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 0001214706 ACCIPITER LIFE SCIENCES FUND OFFSHORE LTD 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 0001351186 ACCIPITER LIFE SCIENCES FUND II QP L P 399 PARK AVENUE, 38TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock, $.01 Par Value Per Share 302067 I By ALSF (Offshore), Ltd. Common Stock, $.01 Par Value Per Share 329142 I By ALSF II (Offshore), Ltd. Common Stock, $.01 Par Value Per Share 190022 I By ALSF II (QP), LP Common Stock, $.01 Par Value Per Share 166014 I By ALSF II, LP Common Stock, $.01 Par Value Per Share 300820 I By ALSF, LP Held by Accipiter Life Sciences Fund (Offshore) Ltd. Accipiter Capital Management, LLC, the investment manager of Accipiter Life Sciences Fund (Offshore), Ltd., and Gabe Hoffman, the managing member of Accipiter Capital Management, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein. Held by Accipiter Life Sciences Fund II (Offshore), Ltd. Accipiter Capital Management, LLC, the investment manager of Accipiter Life Sciences Fund II (Offshore), Ltd., and Gabe Hoffman, the managing member of Accipiter Capital Mangement, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein. Held by Accipiter Life Sciences Fund II (QP), LP. Candens Capital, LLC, the general partner of Accipiter Life Sciences Fund II (QP), LP, and Gabe Hoffman, the managing member of Candens Capital, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein. Held by Accipiter Life Sciences Fund II, LP. Candens Capital, LLC, the general partner of Accipiter Life Sciences Fund II, LP, and Gabe Hoffman, the managing member of Candens Capital, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein. Held by Accipiter Life Sciences Fund, LP. Candens Capital, LLC, the general partner of Accipiter Life Sciences Fund, LP, and Gabe Hoffman, the managing member of Candens Capital, LLC, disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein. By: /s/ Gabe Hoffman, Managing Member 2007-08-08 By: /s/ Gabe Hoffman, Managing Member 2007-08-08 By: /s/ Gabe Hoffman 2007-08-08 By: By Candens Capital, LLC, by Gabe Hoffman, managing member 2007-08-08 By: By Accipiter Capital Management, LLC, by Gabe Hoffman, managing member 2007-08-08 By: By Candens Capital, LLC, by Gabe Hoffman, managing member 2007-08-08 By: By Accipiter Capital Management, LLC, by Gabe Hoffman, managing member 2007-08-08 By: By Candens Capital, LLC, by Gabe Hoffman, managing member 2007-08-08