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Cephalon Reports Another Strong Quarter
Date:10/28/2008

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The company's guidance is being issued based on certain assumptions including:

-- Adjusted effective tax rate of approximately 35.5 to 36.5 percent in 2008 and 35.0 percent in 2009; and

-- Weighted average number of common shares outstanding of 68.0 and 69.5 million shares for the twelve months ended December 31, 2008 and 2009, respectively.


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SOURCE Cephalon, Inc.
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