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Shire plc: Core Portfolio of Products Delivers 20% Sales Growth
Date:8/5/2009

44.3) Equity in earnings/(losses) of equity method investees, net of taxes 0.5 (1.9) 0.4 (0.3) Income/(loss) from continuing operations, net of tax 53.8 (79.0) 269.9 49.6 Loss from discontinued operations (net of income tax expense of $nil in all periods) (9.8) - (12.4) - Net income/(loss) 44.0 (79.0) 257.5 49.6 Add: Net loss attributable to noncontrolling interest in subsidiaries 0.1 - 0.2 - Net income/(loss) attributable to Shire plc 44.1 (79.0) 257.7 49.6

(1) Cost of product sales includes amortization of intangible assets relating to favorable manufacturing contracts of $0.4 million for the three months to June 30, 2009 (2008: $0.4 million) and $0.9 million for the six months to June 30, 2009 (2008: $0.9 million). Selling, general and administrative costs include amortization and impairment charges of intangible assets relating to intellectual property rights acquired of $34.3 million for the three months to June 30, 2009 (2008: $121.4 million) and $66.8 million for the six months to June 30, 2009 (2008: $152.3 million).

(2) Promotional costs totaling $8.9 million and $19.1 million have been reclassified from Research and development to Selling, general and administrative costs for the three and six months to June 30, 2008 respectively.

Unaudited US GAAP results for the three months and six months to June 30, 2009 Consolidated Statements of Income (continued)

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SOURCE Shire Plc
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