Warner Chilcott Reports Operating Results for the Quarter Ended September 30, 2008 and Updates 2008 Full Yea... ( Adjusted EBITDA To supplement its ...)

Warner Chilcott Reports Operating Results for the Quarter Ended September 30, 2008 and Updates 2008 Full Year Guidance

Date:11/10/2008

Adjusted EBITDA

To supplement its condensed consolidated financial statements presented in accordance with US GAAP, the Company is providing a summary to show the computation of adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") taking into account certain charges that were taken during the quarters and nine months ended September 30, 2008 and 2007. The computation of adjusted EBITDA is based on the definition of EBITDA contained in the indenture governing the Company's Senior Subordinated Notes due 2015.

WARNER CHILCOTT LIMITED

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands of U.S. dollars, except per share amounts)

(Unaudited)

Quarter Ended Nine Months Ended

Sept-30-08 Sept-30-07 Sept-30-08 Sept-30-07

REVENUE:

Product net sales $227,654 $223,670 $680,990 $663,625

Other revenue 4,285 2,794 14,648 8,233

Total revenue 231,939 226,464 695,638 671,858

COSTS & EXPENSES:

Cost of sales

(excludes amortization) 46,810 45,490 145,592 142,383

Selling, general

and administrative 45,925 60,760 148,249 208,808

Research and development 9,997 24,093 34,723 42,763

Amortization of

intangible assets 59,080 57,054 164,830 172,161

Interest (income) (317) (895) (1,112) (3,928)

Interest expense 23,939 29,166 73,343 94,262

INCOME BEFORE TAXES 46,505 10,796 130,013 15,409

Provision for income taxes 6,416 5,003 22,698 6,221

NET INCOME $40,089 $5,793 $107,315 $9,188

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Warner Chilcott Reports Operating Results for the Quarter Ended September 30, 2008 and Updates 2008 Full Yea...( Adjusted EBITDA To supplement its ...),Health