X0202 4 2004-05-24 0 0000889428 LIFE MEDICAL SCIENCES INC chai.ob 0001288117 PINE ELI PO BOX 219 LITTLE SILVER NJ 07739 0 1 0 0 VP, Chief Scientific Officer Stock Option 2004-05-24 4 A 0 600000 0 A Common Stock 600000 600000 D The stock option covered by this report vests and becomes exercisable in three annual installments each in the amount of 200,000 shares, commencing on May 24, 2004 and continuing on the first and second anniversaries thereof. The initial installment is exercisable at $.45 per share, the second installment is exercisable at $.55 per share and the final installment is exercisable at $.65 per share. Each installment expires 7 years from the date of vesting. Eli Pines by Keith Moskowitz, attorney-in-fact 2004-05-25