Amgen's Second Quarter 2009 Adjusted Earnings Per Share Increased 13 Percen...(the income tax benefit recognized as the...),Health

Date:7/27/2009

the income tax benefit recognized as the result of resolving certain non-routine transfer pricing issues with the IRS for prior periods. (d) To exclude stock option expense associated with SFAS No. 123R. (e) To exclude costs related to cost saving initiatives. (f) To exclude the ongoing, non-cash amortization of the R&D technology intangible assets acquired with the Abgenix and Avidia acquisitions. (g) To exclude the net tax benefit resulting from adjustments to previously established deferred taxes, primarily related to prior acquisitions and stock option expense, due to changes in California tax law effective for future periods. (h) To exclude loss accruals for settlements of certain commercial legal proceedings.

    CONTACT:  Amgen, Thousand Oaks
    David Polk, 805-447-4613 (media)
    Arvind Sood, 805-447-1060 (investors)

(LOGO: http://www.newscom.com/cgi-bin/prnh/20081015/AMGENLOGO)

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SOURCE Amgen Copyright©2009 PR Newswire. All rights reserved

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