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Hospira Highlights Strategic Initiatives at Its 2008 Annual Meeting of Shareholders
Date:5/13/2008

- Shareholders Ratify Both Proposals -

LAKE FOREST, Ill., May 13 /PRNewswire-FirstCall/ -- Hospira, Inc. (NYSE: HSP), a leading global specialty pharmaceutical and medication delivery company, today held its 2008 Annual Meeting of Shareholders in Wilmington, Del. The agenda included votes on two proposals and a brief update on the company's progress and strategy.

"Our 2007 results point to the success of our strategies of investing for growth, and improving operating margins and cash flow," said Christopher B. Begley, chairman and chief executive officer, Hospira. "It's through our disciplined focus on executing these strategies that Hospira has become the growing, profitable company it is today and is positioned for continued success going forward."

During the annual meeting, shareholders:

-- elected the following directors for three-year terms expiring in 2011:

Irving W. Bailey, II, Ronald A. Matricaria and

Jacque J. Sokolov, M.D.; and

-- ratified the appointment of Deloitte & Touche LLP as Hospira's auditors

for 2008.

A full description of the above matters was included in Hospira's proxy statement related to the meeting. The proxy statement is available on Hospira's Web site at http://www.hospirainvestor.com, as are Begley's remarks made at today's meeting.

About Hospira

Hospira, Inc. is a global specialty pharmaceutical and medication delivery company dedicated to Advancing Wellness(TM). As the world leader in specialty generic injectable pharmaceuticals, Hospira offers one of the broadest portfolios of generic acute-care and oncology injectables, as well as integrated infusi
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SOURCE Hospira, Inc.
Copyright©2008 PR Newswire.
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