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Mylan Reports Adjusted Diluted EPS of $0.26 for the Quarter Ended Dec. 31, 2008, and Adjusted Diluted EPS of $0.80 for the Year Ended Dec. 31, 2008
Date:2/19/2009

ies or other circumstances, or matters outside of the company's control between the date of this release and the date that its Form 10-K for the year ended Dec. 31, 2008 is filed with the SEC could potentially result in adjustments to reported earnings. The company undertakes no obligation to update statements herein for revisions or changes after the date of this release.

                             Mylan Inc. and Subsidiaries
                  Condensed Consolidated Statements of Operations
                 (Unaudited; in thousands, except per share amounts)

                       Three Months Ended            Twelve Months Ended
                   December 31,   December 31,   December 31,   December 31,
                       2008           2007           2008           2007
                  -------------  -------------  -------------  -------------

    Net revenues      $1,190,557     $1,147,834     $4,631,237     $2,646,643
    Other revenues        12,598          7,515        506,348         19,380
                          ------          -----        -------         ------
         Total
          revenues     1,203,155      1,155,349      5,137,585      2,666,023

    Cost of sales        808,502        799,251      3,067,364      1,556,728
                         -------        -------      ---------      ---------
    Gross profit         394,653        356,098      2,070,221      1,109,295
                         -------        -------      ---------      ---------

    Operating expenses:
    Research and
     development          77,897         80,766        317,217        182,911
    Acquired in-
     process
     research
     and development           -      1,269,036              -      1,416,036
    Impairment
     loss on
     goodwill                  -              -        385,000              -
    Selling, general
     and administrative  265,628        275,703      1,053,
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SOURCE Mylan Inc.
Copyright©2009 PR Newswire.
All rights reserved

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