Deanne Eagle - Media Relations 917.837.5866 Susan Roush - Investor Relations 818.222.8330 NEURALSTEM ALS TRIAL INVESTIGATOR AND PATIENT ON SIRIUS XM Dr. Eva Feldman and Ted Harada to discuss Neuralstem ALS Trial

NEURALSTEM ALS TRIAL INVESTIGATOR

AND PATIENT ON SIRIUS XM

Dr. Eva Feldman and Ted Harada to

discuss Neuralstem ALS Trial

ROCKVILLE, Md., May 8, 2013 -- Neuralstem,

Inc. (NYSE MKT: CUR) announced that Eva Feldman, MD, PhD, principal investigator of the Phase II

trial using NSI-566 spinal cord-derived human neural stem cells in the treatment of amyotrophic lateral sclerosis (ALS or Lou Gehrig's

disease), will be a guest on Sirius XM's Doctor Radio station, channel 81, on Thursday, May 9, 10-11am EDT. Dr. Feldman will

be on "Beyond the Heart" with Nieca Goldberg along with ALS patient, Ted Harada, who received

two doses of stem cells in Phase I at Emory University.

Dr. Feldman is Director

of the A. Alfred Taubman Medical Research Institute and Director of Research of the ALS Clinic at the University of Michigan Health

System and an unpaid consultant to Neuralstem.

Neuralstem's patented technology enables

the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities, and the ability to control

the differentiation of these cells constitutively into mature, physiologically relevant human neurons and glia. Neuralstem completed

an FDA-approved Phase I safety clinical trial for amyotrophic lateral sclerosis (ALS), often referred to as Lou Gehrig's disease,

in February 2013, and has received FDA approval to begin Phase II. Neuralstem has been awarded orphan status designation by the

FDA for its ALS cell therapy.

In addition to ALS, the company is

also targeting major central nervous system conditions with its NSI-566 cell therapy platform, including spinal cord injury, ischemic

stroke and glioblastoma (brain cancer). The company received approval to commence a Phase I safety trial in chronic spinal cord

injury in January 2013.

Neuralstem also has the ability to

generate stable human neural stem cell lines suitable for the systematic screening of large chemical libraries. Through this proprietary

screening technology, Neuralstem has discovered and patented compounds that may stimulate the brain's capacity to generate new

neurons, possibly reversing the pathologies of some central nervous system conditions. The company is in the last cohort

of a Phase Ib safety trial evaluating NSI-189, its first neurogenic small molecule compound, for the treatment of major depressive

disorder (MDD). Additional indications could include traumatic brain injury (TBI), Alzheimer's disease, and post-traumatic

stress disorder (PTSD).

For more information, please visit

www.neuralstem.com or connect with us on Twitter,

Facebook and LinkedIn

Cautionary Statement Regarding Forward

This news release may contain forward-looking

statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors

are cautioned that such forward-looking statements in this press release regarding potential applications of Neuralstem's technologies

constitute forward-looking statements that involve risks and uncertainties, including, without limitation, risks inherent in the

development and commercialization of potential products, uncertainty of clinical trial results or regulatory approvals or clearances,

need for future capital, dependence upon collaborators and maintenance of our intellectual property rights. Actual results may

differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors

that could affect our results and other risks and uncertainties are detailed from time to time in Neuralstem's periodic reports,

including the annual report on Form 10-K for the year ended December 31, 2012.