Schering-Plough Reports Financial Results for 2007 Fourth Quarter,...(n Share(unaudited) (Amounts in Milli...)

Twelve months ended December 31, 2006

Purchase Acquisition- Other

As Accounting Related Specified As

Reported Adjustments Items Items Reconciled

Net sales $ 10,594 $ - $ - $ - $10,594

Cost of sales 3,697 - - (146)

3,551

Selling, general

and administrative 4,718 - - - 4,718

Research and

development 2,188 - - (15) 2,173

Acquired in-process

research and

development - - - - -

Other income, net (135) - - - (135)

Special and

acquisition

related charges 102 - - (102) -

Equity income (1,459) - - - (1,459)

Income before

income taxes 1,483 - - 263 1,746

Income tax expense 362 - - - 362

Net income before

cumulative effect

of a change in

accounting

principle $1,121 $ - $ - $263 $ 1,384

Cumulative effect

of a change in

accounting principle,

net of tax (22) - - 22 -

Net income $1,143 $ - $ - $241 $ 1,384

Preferred stock

dividends 86 - - - 86

Net income available

to common

shareholders $1,057 $ - $ - $241 $1,298

Diluted earnings<
'/>"/>