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Bristol-Myers Squibb Company Reports Financial Results for the Fourth Quarter and Twelve Months of 2007
Date:1/31/2008

308 266 16 % - - - N/A

Nutritionals

Enfamil 1,082 1,007 7 % 722 688 5 % N/A

Enfagrow 295 262 13 % - - - N/A

ConvaTec

Ostomy 594 554 7 % 164 159 3 % N/A

Wound Therapeutics 488 441 11 % 149 143 4 % N/A

** Change is in excess of 200%.

BRISTOL-MYERS SQUIBB COMPANY

CONSOLIDATED STATEMENTS OF EARNINGS

FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2007 AND 2006

(Unaudited, amounts in millions except per share data)

Three Months Twelve Months

Ended December 31, Ended December 31,

2007 2006 2007 2006

Net Sales $5,381 $4,057 $19,348 $17,256

Cost of products sold 1,817 1,395 6,218 5,739

Marketing, selling and administrative 1,343 1,284 4,855 4,800

Advertising and product promotion 483 415 1,465 1,340

Research and development 908 799 3,282 2,991

Acquired in-process research and

development 230 - 230 -

Provision for restructuring, net 139 53 183 59

Litigation expense, net - 346 14 302

Gain on sale of product assets - - (273) (200)

Equity in net income of affiliates (131) (138) (524) (474)

Other expense, net (a) 331 240 364 299

5,120 4,394 15,814 14,856

Earnings/(Loss) from Continuing Operations

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SOURCE Bristol-Myers Squibb Company
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