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Wyeth Reports Earnings Results for the 2009 Second Quarter and First Half and Raises Full Year 2009 Guidance
Date:7/23/2009

376,833 Provision for Income Taxes 534,245 496,752 1,024,537 1,057,792 ------- ------- --------- --------- Net Income $1,272,019 $1,122,094 $2,470,179 $2,319,041 ========== ========== ========== ========== Basic Earnings per Share $0.95 $0.84 $1.85 $1.74 ===== ===== ===== ===== Average Number of Common Shares Outstanding during Each Period - Basic 1,333,435 1,332,682 1,332,544 1,333,945 Diluted Earnings per Share $0.94 $0.83 $1.83 $1.72 ===== ===== ===== ===== Average Number of Common Shares Outstanding during Each Period - Diluted 1,356,071 1,359,496 1,355,189 1,359,903 See Notes to Results of Operations.

Results of Operations - As Adjusted

Wyeth has prepared the following presentation of its results of operations for the three and six months ended June 30, 2009 and 2008, adjusted to exclude charges related to our productivity initiatives and merger-related expenses, which are considered certain significant items for the 2009 and 2008 second quarter and first half.

The comparative results of operations - as adjusted are as follows:

(In thousands except per share amounts)

                                       (UNAUDITED) - AS ADJUSTED
                         -----------------------------------------------------
                             Three Months Ended        Six Months Ended
                            ---------------------    ----------------------
                            6/30/2009   6/30/2008    6/30/2009  
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SOURCE Wyeth
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