| Vivus, Inc.: VVUS (NASDAQ) 
 Positive Data on ALISTA, VIVUS' Treatment for
 Female Sexual Dysfunction, Presented at
 the American Urological Association Annual Meeting
 
 MOUNTAIN VIEW, Calif.-May 28, 2002--VIVUS, Inc. (Nasdaq: VVUS), a
 developer of innovative pharmaceutical products to improve quality of
 life, presented detailed results from an in-clinic evaluation of
 ALISTA(TM), its topical product to treat Female Sexual Arousal
 Disorder (FSAD), at the Annual Meeting of the American Urological
 Association in Orlando, Florida. The results of this study
 demonstrated that ALISTA significantly increased the patients' sexual
 arousal, satisfaction with their level of sexual arousal, and their
 overall level of sexual satisfaction.
 Dr. Marc Gittelman, one of the investigators in the study and lead
 author on the abstract, commented, "To our knowledge, this is the
 first well controlled clinical trial to demonstrate that a locally
 applied medical treatment can produce a significant improvement in
 sexual arousal and satisfaction in women with FSAD."
 In the study, 79 women suffering from FSAD were treated once with
 placebo and once with ALISTA, either a 100 or a 400 microgram dose, in
 association with visual sexual stimulation. Both doses of ALISTA
 produced a highly significant (p less than 0.0001) increase in genital
 vasocongestion (blood flow and engorgement). Additionally, the 400
 microgram dose induced a rapid, long-lasting effect on various aspects
 of the sexual response, in some cases occurring as early as five
 minutes after application and lasting for up to 120 minutes. Compared
 to placebo, the 400 microgram dose of ALISTA resulted in a 77%
 increase in genital warmth and tingling (p less than 0.002), a 49%
 increase in sexual arousal (p less than 0.017), a 57% increase in
 satisfaction with sexual arousal (p less than 0.015), and a 97%
 increase in sexual satisfaction (p less than 0.021). ALISTA was well
 tolerated, both locally and systemically, by all patients.
 This Phase II trial for ALISTA provides the first clear evidence
 that women can respond positively to a medication intended to improve
 sexual health. Confirmation that a drug can safely increase both
 physical signs of sexual arousal, such as increased genital
 vasocongestion, as well as other manifestations of sexual well-being,
 such as increased sexual satisfaction as verified by the patients,
 establishes an important milestone in women's health, particularly as
 the Journal of The American Medical Association has reported as many
 as 43% of women aged 18 to 59 experience some form of sexual
 dysfunction.
 "Based on these results, we entered the pivotal phase of
 development for ALISTA with the initiation of our multi-center,
 at-home Phase II/III trial in March 2002," said John Dietrich, Vice
 President of Research and Development at VIVUS. "We are pleased that
 patient enrollment continues on schedule and expect completion of this
 study by year end. ALISTA is an on-demand medication that is applied
 topically to the female genitalia. If confirmed in clinical trials, we
 believe this treatment modality could have significant safety
 advantages due to minimal systemic side effects and interaction with
 other medications. Substantiation of the efficacy and safety of ALISTA
 in current and future studies could provide a significant medical
 advantage in the treatment of this condition," added Dr. Dietrich.
 VIVUS, Inc. is a pharmaceutical company engaged in the development
 of innovative therapies for the treatment of quality-of-life disorders
 in men and women, with a focus on sexual dysfunction. Current
 development programs target Female Sexual Dysfunction (FSD), Erectile
 Dysfunction (ED) and Premature Ejaculation (PE). The Company developed
 and markets in the U.S. MUSE(R) (alprostadil) and ACTIS(R), two
 innovations in the treatment of erectile dysfunction, and has
 partnered with Abbott Laboratories (NYSE: ABT) for the international
 marketing and distribution of its male transurethral ED products. In
 Canada, VIVUS has partnered exclusively with Paladin Labs (TSE: PLB)
 to market and distribute MUSE.
 
 This news release contains forward-looking statements about the
 potential commercialization of products in treating female sexual
 dysfunction and reflects management's current beliefs. However, as
 with any pharmaceutical under development, there are significant risks
 in development, regulatory approval and commercialization of new
 products. There are no guarantees that any product will receive
 regulatory approval for any indication. Further, even if the Company
 were to receive regulatory approval for a product, there could be no
 assurance that such a product would prove to be commercially
 successful. Please see the Company's filings with the Securities and
 Exchange Commission including, without limitation, the Company's Form
 10-K and Forms 10-Q, which identify these and other risks and
 uncertainties that may cause actual results or events to differ
 materially from those described in this news release.
 
 --30--
 
 CONTACT: VIVUS, Inc.
 Richard Walliser
 650/934-5200
 ir@vivus.com
 www.vivus.com
 or
 The Investor Relations Group (Media Contact)
 Lisa Lindberg (theproteam@aol.com)
 212/825-3210
 or
 Lippert/Heilshorn & Associates, Inc. (Investor Contacts)
 Bruce Voss (bvoss@lhai.com)
 Jody Cain (jcain@lhai.com)
 310/691-7100
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