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Kendle Announces First Quarter 2009 Results
Date:5/6/2009

, (e) the Company's ability to penetrate new markets, (f) the fixed price nature of contracts and cost overruns, (g) the loss, cancellation or delay of contracts or amendments thereto, (h) the Company's the ability to maintain existing customer relationships or enter into new ones, (i) the Company's sales cycle, (j) the Company's ability to obtain financing on terms acceptable to the Company, (k) the effects of exchange rate fluctuations, (l) the risks related to the Company's non-US operations and (m) other risks as detailed from time to time in Kendle's SEC reports, including its Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and Annual Reports on Form 10-K. In addition, no assurance can be given that the Company will be able to realize the net service revenues included in backlog and verbal awards. The Company believes that its aggregate backlog and verbal awards are not necessarily a meaningful indicator of future results. All information in this press release is current as of May 6, 2009. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

                          Kendle International Inc.
                  Condensed Consolidated Statement of Income
                    (In thousands, except per share data)
                                 (Unaudited)

                                                   Three Months Ended
                                                        March 31,
                                                 2009               2008
                                                            (As Adjusted (1))

    Net service revenues                     $108,103           $114,124
    Reimbursable out-of-pocket revenues        36,958             44,689
    Total revenues                            145,061            158,813

    Costs and expenses:
      Direct costs          
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SOURCE Kendle International Inc.
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