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Perrigo Reports Record Sales and Earnings for Third Quarter Fiscal 2008
Date:5/6/2008

t," "potential" or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control. These and other important factors, including those discussed under "Risk Factors" in the Company's Form 10-K for the year ended June 30, 2007, as well as the Company's subsequent filings with the Securities and Exchange Commission, may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements in this press release are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

PERRIGO COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except per share amounts)

(unaudited)

Third Quarter Year-to-Date

2008 2007 2008 2007

Net sales $503,707 $362,288 $1,321,930 $1,073,132

Cost of sales 345,761 262,751 915,903 784,273

Gross profit 157,946 99,537 406,027 288,859

Operating expenses

Distribution 7,987 7,020 22,805 21,559

Research and development 19,160 16,390 51,623 44,339

Selling and

administra
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SOURCE Perrigo Company
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