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Schering-Plough Reports Financial Results for Third Quarter of 2007
Date:10/22/2007

248 228 8% 744 676 10%

CONSOLIDATED GAAP NET SALES

a/ $2,812 $2,574 9% $8,965 $7,944 13%

a/ Included in consolidated GAAP net sales for the three and nine month periods ended September 30, 2006 were approximately $47 million and $24 million, respectively, related to the reversal of previously accrued rebate amounts for the U.S. Government's TRICARE Retail Pharmacy Program that a U.S. Federal court ruled pharmaceutical manufacturers were not obligated to pay.

NOTE: Additional information about U.S. and international sales for specific products is available by calling the company or visiting the Investor Relations Web site at http://ir.schering-plough.com.

SCHERING-PLOUGH CORPORATION

Reconciliation of Non-U.S. GAAP Financial Measures

Adjusted net sales, defined as net sales plus an assumed 50 percent of

global cholesterol joint venture net sales.

Three months ended September 30

(Dollars in millions) (unaudited)

2007 2006 %

Net sales, as reported $2,812 $2,574 9%

50 percent of cholesterol joint

venture net sales a/ 639 505

Adjusted net sales b/ $3,451 $3,079 12%

Nine months ended September 30

(Dollars in millions) (unaudited)

2007 2006 %

Net sales, as reported $8,965 $7,944 13%

50 percent of cholesterol joint

venture net sales a/ 1,838 1,373

Adjusted net sales b/ $10,803 $9,317 16%

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SOURCE Schering-Plough Corporation
Copyright©2007 PR Newswire.
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