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WuXi PharmaTech Announces Preliminary Third Quarter 2008 Results and Updates 2008 Guidance
Date:10/14/2008

2008 and third quarter 2007 financial data and EBITDA on a non-GAAP basis, which excludes share-based compensation expenses and amortization of acquired intangible assets. We believe both management and investors benefit from referring to EBITDA and these non-GAAP financial measures in assessing our financial performance and liquidity and when planning and forecasting future periods. EBITDA and these non-GAAP operating measures are useful for understanding and assessing underlying business performance and operating trends. You should not view non-GAAP (including EBITDA) results on a stand-alone basis or as a substitute for results under GAAP, or as being comparable to results reported or forecasted by other companies, and should refer to the reconciliation of non-GAAP measures to GAAP measures for the indicated periods attached hereto.

RECONCILIATION OF NON-GAAP TO GAAP

(Unaudited, U.S. Dollars in Millions)

The third quarter of 2008

Add:

Add: Amortization

Share-based of acquired

compensation intangible

GAAP expenses assets Non-GAAP

Net Revenue $66.0 - 67.5 $ -- $ -- $66.0 - 67.5

Laboratory

Services 46.0 - 47.0 46.0 - 47.0

Manufacturing

Services 20.0 - 20.5 20.0 - 20.5

Gross Profit 21.4 - 22.9 0.6 3.9 25.9 - 27.4

Laboratory

Services 18.7 - 19.7 0.6 2.7 22.0 - 23.0

Manufacturing

Services 2.7 - 3.2 -- 1.2 3.9 - 4.4

Operating

Income 6.7 - 8.2 3.1 3.9
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SOURCE WuXi PharmaTech (Cayman) Inc.
Copyright©2008 PR Newswire.
All rights reserved

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