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Settlement Hearing on Schering-Plough Corporation Securities Litigation to be Held on June 1, 2009 at 2:00 P.M.
Date:3/13/2009

f claims administration, including the costs of printing and mailing the Notice and the cost of publishing this Summary Notice. The Stipulation of Settlement, available at www.hrsclaimsadministration.com, describes all of the details about the Settlement.

How Do You Ask For A Payment?

To qualify for a payment, you must send in a claim form. A detailed notice and claim form package contains everything you will need. Call 1-877-451-2127 toll free or visit www.hrsclaimsadministration.com to get one. Claim forms are due by June 18, 2009.

What Are Your Other Options

You can exclude yourself from the Settlement. If you do not want a payment from the Settlement, but you want to keep the right to sue or continue to sue the Defendants about the claims you would otherwise be releasing in this Settlement, then, if you have not already done so, you must take steps to exclude yourself from the Settlement. If you do not validly exclude yourself, you will be bound by the Settlement and the releases contained therein. If you already submitted a written request for exclusion in accordance with the requirements of a previously-mailed Notice of Pendency of Class Action dated July 13, 2007, then you do not have to take any further action to exclude yourself. You may, however, choose to rescind your previously submitted request for exclusion and participate in the Settlement. If you elect to stay in the Settlement, you have a right to object to it. The detailed Notice explains how to exclude yourself or object.

What Is the Settlement Hearing and Do You Need to Participate?

The Court will hold a final approval hearing to consider the Settlement at 2:00 p.m. on June 1, 2009, at the United States District Court
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SOURCE Barrack, Rodos & Bacine
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