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Abbott Announces 10.8 Percent Increase in Quarterly Dividend

Company Declares 337th Consecutive Quarterly Dividend

ABBOTT PARK, Ill., Feb. 15 /PRNewswire-FirstCall/ -- The board of directors of Abbott (NYSE: ABT) today increased the company's quarterly common dividend 10.8 percent to 36 cents per share.

This marks the 36th consecutive year that Abbott has increased its dividend payout and the 337th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable May 15, 2008, to shareholders of record at the close of business on April 15, 2008.

About Abbott

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs 65,000 people and markets its products in more than 130 countries.

Abbott's news releases and other information are available on the company's Web site at

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