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MDS Reports First Quarter 2008 Results
Date:3/6/2008

s and adjusted EBITDA," said Stephen P. DeFalco, President and Chief Executive Officer of MDS Inc. "I am very pleased with the performance of the Molecular Devices acquisition which continues to perform strongly, setting new records in revenue. I am also encouraged by the accelerating pace of new business wins at MDS Pharma Services which we expect to result in revenue growth in the second half of 2008."

Operating Segment Results

MDS Pharma Services

% Change

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($ millions) Q1 2008 Q1 2007 Reported

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Net Revenue:

Early-stage 63 66 (5%)

Late-stage 57 55 4%

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$ 120 $ 121 (1%)

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Reimbursement revenues 26 23 -

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Total revenues $ 146 $ 144 -

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Adjusted EBITDA:

$ 6 $ 1 500%

%
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SOURCE MDS Inc.
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