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Mylan Reports Adjusted Diluted Cash EPS of $0.11 for the Quarter
Date:2/27/2008

(85,046) (17,476)

Litigation settlements, net (1,984) (46,154)

Integration and other non-

recurring expenses (3) 56,142 -

Tax effect of the above items (57,412) 18,761

Adjusted net earnings available to

common shareholders and adjusted

diluted cash EPS $238,265 $0.92 $253,732 $1.18

(1) The three months ended December 31, 2007 include amortization expense

related to purchased intangible assets as well as amortization of the

inventory step-up related to Merck Generics. The nine months ended

December 31, 2007 include amortization expense related to purchased

intangible assets and amortization of the inventory step-up related to

both Merck Generics and Matrix.

(2) The three and nine months ended December 31, 2007 include the premium

related to a tender offer made to holders of the Company's previously

outstanding Senior Notes, the write-off of deferred finance fees and

non-recurring financing fees and expenses related to the Company's

previously outstanding Interim Term Loan.

(3) The three and nine months ended December 31, 2007 principally include

non-recurring expenses related to the acquisition and integration of

Merck Generics (e.g., non-recurring professional and consulting fees,

retention and other non-recurring expenses).

Forward-Looking Statements

This press release includes statements that constitute "forward-looking statements", including with regard to the Company's future growth expectations, its strategic initiatives including with regard to its Dey business and Matrix's Docpharma business, the Company's synergy targets, the impact of the Perforomist(TM) launch on future EPS expectations, its planned rationalizations and optimizations of its businesses, a
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SOURCE Mylan Inc.
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Related medicine news :

1. Mylan Announces Appointment of Jagdish Dore as CEO and Managing Director of Matrix Laboratories
2. Mylan Revises Timing of Its Financial Results Conference Call for the Quarter and Nine Months Ended Dec. 31, 2007, to 5 p.m. ET
3. Mylan Confirms Its Matrix Design Fentanyl Patch Is Not Included In the Widespread Recall Announced February 12th
4. Mylan Restores Availability of Generic Levothyroxine in Florida
5. Mylan Schedules Financial Results Conference Call and Live Webcast for the Quarter and Nine Months Ended Dec. 31, 2007
6. Mylan Declares Quarterly Preferred Stock Dividend
7. Mylan Provides Update Relating to Ongoing Lorazepam and Clorazepate Litigation
8. Mylan Announces Final FDA Approval for Cetirizine Hydrochloride Tablets
9. Mylan Sets Date of 2008 Annual Meeting
10. Mylan Receives $26.2 Million From Exercise of Overallotment Option of Common Stock
11. Mylan Announces Tentative FDA Approval Under PEPFAR for Tenofovir Disoproxil Fumarate Tablets
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