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AbbVie Reports Second-Quarter 2014 Financial Results
Date:7/25/2014

requirements of Rule 28 of the Code.  It should not be interpreted to mean that the earnings per share in any future financial period will necessarily match or be greater than those for the relevant preceding financial period.Q)What is the expected tax rate for AbbVie following the Shire transaction?A)

The AbbVie Board expects the transaction to reduce New AbbVie's effective tax rate to approximately 13 percent by 2016 and provide New AbbVie with access to its global cash flows.Q)What is the expected impact to AbbVie's credit ratings following the Shire transaction?A)

New AbbVie intends to maintain its investment grade rating profile following the transaction.Q)What are AbbVie's plans for dividend growth and share repurchase following the Shire transaction?A)

It is AbbVie's intent, upon completion of the transaction, to maintain a strong commitment to a growing dividend and to implement a significant share repurchase program.Q)When do you anticipate providing 2015 financial guidance, inclusive of the Shire impact?A)

We have typically provided guidance for the coming year on our fourth-quarter earnings conference call.  We expect to do something similar for our 2015 guidance.Q)Do you anticipate New AbbVie will be included in the S&P 500?A)

It is intended that the New AbbVie shares will be listed on the New York Stock Exchange.  As a result, we expect that New AbbVie will be included in the S&P 500.Q)Which countries have been identified as requiring approval as a condition of the Shire transaction?A)

Principal countries in which approvals are required or potentially required include: United States, Canada, Ukraine, Israel, Russia and the European Union.Q)What are the tax implications of the Shire transaction for shareholders of both companies?A)

It is expected that Shire Shareholders who are resident in the UK for tax purposes will generally not be charged to tax in the UK in respec
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