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Wyeth Holds Annual Meeting of Stockholders
Date:4/24/2008

In 2007, our Company again delivered solid financial performance, with worldwide net revenue increasing 10%. Effective cost management added to the bottom line as pro forma diluted earnings per share increased 12%." He attributed this performance to Wyeth's position as a leading biotechnology company, the strength of its global business and growth across all three of the Company's core businesses in 2007 - pharmaceuticals, consumer healthcare products and animal health products. Also, Wyeth's pharmaceuticals business, for the first time in the Company's history, achieved more than $1 billion in full-year net sales in each of seven major product franchises: Effexor(R), the Premarin(R) family, Enbrel(R), Prevnar(R), Protonix(R), Zosyn(R) and Wyeth Nutritionals, demonstrating the breadth and depth of Wyeth's product portfolio.

In 2007, Wyeth received both U.S. and European approvals for Torisel(R), the first targeted therapy with a proven overall survival benefit in patients with advanced renal cancer. The Company also received U.S. marketing clearance for Lybrel(R), a low-dose combination contraceptive.

Mr. Poussot noted that, within the first four months of 2008, Wyeth has received U.S. Food and Drug Administration approval for two therapies that bring unique benefits to patients. Pristiq(TM) was cleared for use in major depressive disorder, providing patients with efficacy at a once-daily dose and without the need for titration. Xyntha(TM), a recombinant factor VIII product for patients with hemophilia A, was approved for the control and prevention of bleeding episodes and surgical prophylaxis. In addition, Relistor(TM) in a subcutaneous form was approved in Canada for the treatment of opioid-induced constipation in patients with advanced illness receiving palliative care.

Also during today's meeting, Emilio Emini, Ph.D., Executive Vice President, Vaccine Research and Development at Wyeth Pharmaceuticals, and Jim Connolly, Executive Vice Preside
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