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Hospira Reports Third-Quarter 2007 Results
Date:11/8/2007

loan during the first quarter.

E -- Other acquisition-related charge: foreign exchange losses related to

the Mayne Pharma acquisition.

F -- Reflects the tax effect of the above adjustments, except for the non-

tax deductible write-off of acquired in-process research and

development related to the Mayne Pharma acquisition in 2007.

G -- Includes charges of $50,242 related to the planned closures of the

Donegal, Ireland; Ashland, OH; Montreal, Canada; and North Chicago,

IL facilities as part of Hospira's manufacturing optimization

initiatives; a reduction of the obligation associated with the sale

of the Salt Lake City manufacturing plant to ICU Medical ($1,100); a

gain on the sale of the Donegal, Ireland facility ($7,851); and

non-recurring transition charges of $4,406.

H -- Non-recurring transition charges as a result of the spin-off.

nm = Percent change is not meaningful.

Hospira, Inc.

Reconciliation of Diluted Earnings Per Share

(Unaudited)

Three Months Ended Nine Months Ended

September 30, September 30,

----------------- ------------------

2007 2006 2007 2006

------ ------ ------ ------

Diluted Earnings Per

Share - GAAP $0.37 $0.35 $0.38 $1.18

Adjustments:

Mayne Pharma acquisition

related:

Acquired in-process

research and

development - - 0.53 -

Inventory step-up

charge - - 0.23 -

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SOURCE Hospira, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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