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West Announces Second Quarter 2008 Results
Date:8/5/2008

fits recognized in that quarter. The 2.5 percentage point decline in the expected annual effective rate is primarily due to lower statutory and concessionary tax rates on income of certain of the Company's international operations.

2008 Guidance

For the full-year 2008, West's financial guidance, at assumed exchange rates(2), is summarized as follows:

2008 Guidance(2)

Estimated Consolidated Sales $1,080 million

Pharmaceutical Systems Revenue Estimate $825 to $ 835 million

Tech Group Revenue Estimate (includes

$13 million of inter-company sales) $260 to $ 270 million

Consolidated Gross Profit Margin Estimate 29.1%

Adjusted Diluted EPS(1)(3) Estimate $2.40 to $ 2.50

(1)(2)(3) See corresponding notes under "Supplemental Information and

Notes to Non-GAAP Financial Measures" in the tables following the text of

this release.

Second-Quarter Conference Call

The Company will host a conference call to discuss the results and business expectations at 9:00 a.m. Eastern Daylight Time today. To participate on the call please dial (888)790-3758 or (210) 839-8398. The passcode is WST.

A live broadcast of the conference call will be available at the Company's web site, http://www.westpharma.com, in the "Investor" section. Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast. An online archive of the broadcast will be available at the site two hours after the live call and will be available through Tuesday, August 19, 2008, by dialing (800) 944-0939 or (203)369-3413 and entering conference ID# 2885611.

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SOURCE West Pharmaceutical Services, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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