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

red in accordance with Canadian GAAP.

For additional information and details, readers are referred to the 2007 annual financial statements and MD&A for 2007 and the Company's 2007 Annual Information Form (AIF), all of which are published separately and are available at http://www.mdsinc.com and at http://www.sedar.com. In addition, the Company's 40-F filing is available at http://www.sec.gov.

Our MD&A is intended to enable readers to gain an understanding of MDS's current results and financial position as at and for the period ended January 31, 2008. To do so, we provide information and analysis comparing the results of operations and financial position for the current interim period to those of the same period in the preceding fiscal year. We also provide analysis and commentary that we believe is required to assess the Company's future prospects. Accordingly, certain sections of this report contain forward-looking statements that are based on current plans and expectations. These forward-looking statements are affected by risks and uncertainties that are discussed in this document, as well as in the AIF, and that could have a material impact on future prospects. Readers are cautioned that actual events and results will vary.

Caution Regarding Forward-looking Statements

From time to time, we make written or oral forward-looking statements within the meaning of certain securities laws, including the "safe harbour" provisions of the Securities Act (Ontario) and the United States Private Securities Litigation Reform Act of 1995. This document contains such statements, and we may make such statements in other filings with Canadian regulators or the United States Securities and Exchange Commission (SEC), in reports to shareholders or in other communications, including public presentations. These for
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