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WuXi PharmaTech Announces First Quarter 2008 Results
Date:5/27/2008

operating expenses (12,605) (9,828)

Operating income 11,662 5,844

Other income (expenses), net:

Other income (expenses), net 2,807 840

Interest income (expenses), net 516 (629)

Total other income (expenses), net 3,323 211

Income before income taxes 14,985 6,055

Income taxes (1,124) (78)

Net income 13,861 5,977

Income (loss) attributable to

holders of ADS:

Basic 13,861 (1,635)

Diluted 13,861 (1,635)

Basic earnings (loss) per ADS 0.22 (0.06)

Diluted earnings (loss) per ADS 0.19 (0.06)

Number of shares used in

calculation (Note 3):

Weighted average ADS outstanding

- basic 61,895,469 25,329,825

Weighted average ADS outstanding

- diluted 72,416,243 25,329,825

Note 3: One (1) ADS equals eight (8) ordinary shares

WUXI PHARMATECH (CAYMAN) INC.

RECONCILIATION OF NON-GAAP TO GAAP

(in thousands of US Dollars, except per ADS data)

Three Months Ended March 31,

2008 2007

GAAP net income 13,861 5,977

Add: Share-based compensation expenses 2,978 3,352

Amortization of acquired intangible assets 446 --

Non-GAAP net income
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SOURCE WuXi PharmaTech
Copyright©2008 PR Newswire.
All rights reserved

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