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Shire Delivers Strong Quarter: Driven by $243m of New Product Sales (+164% YOY Growth). Revenue Guidance Upgrade.
Date:7/31/2008

26.2 1,227.0

_________ _________

Total liabilities and shareholders' equity 4,202.8 4,330.1

_________ _________

Unaudited US GAAP results for the three and six months to June

30, 2008 Consolidated Statements of Operations

3 months 3 months 6 months 6 months

to June to June to June to June

30, 30, 30, 30,

2008 2007(1) 2008 2007(1)

$M $M $M $M

________ ________ ________ ________

Revenues:

Product sales 705.7 504.2 1,337.4 965.7

Royalties 64.8 64.0 129.9 123.5

Other revenues 5.1 6.7 10.5 13.9

________ _______ ________ ________

Total revenues 775.6 574.9 1,477.8 1,103.1

________ _______ ________ ________

Costs and expenses:

Cost of product sales(1) (2) (3) 142.9 74.0 233.2 141.3

Research and development(1) (3) 145.3 103.1 267.3 184.2

Selling, general and

administrative(1) (2) 428.8 280.6 763.3 519.2

Integration costs - 1.3 - 1.3

Gain on sale of product rights (9.1) (5.0) (16.7) (5.0)

In-process R&D charge 135.0 1,896.0 135.0 1,896.0

________ _______ ________ ________

Total operating expenses 842.9
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SOURCE Shire Ltd
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