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PPD Reports Fourth Quarter and Year-End 2007 Financial Results
Date:2/6/2008

$0.34 $0.35 $1.36 $1.32

Dividends declared per common

share $0.10 $0.03 $0.19 $0.105

Weighted average number of

shares outstanding:

Basic 118,939 117,290 118,459 116,780

Diluted 120,389 118,847 119,953 118,535

PPD, Inc.

Balance Sheet Data

(in thousands)

(unaudited)

December 31, December 31,

2007 2006

Cash, cash equivalents and short-term

investments $502,384 $435,671

Accounts receivable and unbilled

services, net $481,477 $408,917

Working capital $599,980 $412,711

Total assets $1,684,375 $1,481,565

Unearned income $205,779 $195,707

Current maturities of long-term debt $- $75,159

Shareholders' equity $1,150,096 $952,900


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SOURCE PPD, Inc.
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