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Amgen's Third Quarter 2008 Adjusted Earnings Per Share Increased 14 Percent to $1.23
Date:10/22/2008

(104) (71) - (79) (254)

------- -------- ------- -------- ------

$(77) $(110) $(110) $4 $(293)

======= ======== ======= ======== ======

Nine months ended

September 30, 2008

-------------------------

Cost of sales (excluding

amortization of intangible

assets) $- $(1) $- $- $(1)

R&D (3) - - - (3)

SG&A - - - 1 1

Other charges (4) (15) - (20) (39)

------- -------- ------- -------- ------

$(7) $(16) $- $(19) $(42)

======= ======== ======= ======== ======

Nine months ended

September 30, 2007

-------------------------

Cost of sales (excluding

amortization of intangible

assets) $1 $(4) $(110) $- $(113)

R&D 17 (35) - - (18)

SG&A 9 - - 83 92

Other charges (107) (357) - (79) (543)

------- -------- ------- -------- ------

$(80) $(396) $(110) $4 $(582)

======= ======== ======= ======== ======

(1) Severance and other separation costs, partially offset in 2007 by

the reversal of previously accrued expenses for bonuses and

stock-based compensation awards, which were forfeited as a result of

the employees' termi
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SOURCE Amgen
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