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Boston Scientific Announces Agreement With DOJ On Pre-Acquisition Investigation of Guidant
Date:11/6/2009

olved in the investigation were the VENTAK PRIZM(®) 2, the CONTAK RENEWAL(®) and the CONTAK RENEWAL 2 devices, which were the subjects of the 2005 product advisories.

The table below reconciles the Company's updated third quarter and year-to-date 2009 financial results to those previously reported. The adjustments in the table are also reflected in the Company's Form 10-Q, which will be filed later today.

                                                    Q3 2009 Results
                                             ------------------------------
                                                       Litigation-
                                            Previously   Related      As
    (in millions, except per share data)     Reported     Charge    Updated
    ------------------------------------     --------     ------    -------
    Income (loss) before income taxes          $250       $(294)      $(44)
    Net income (loss)                          $200       $(294)      $(94)

    GAAP EPS                                  $0.13      $(0.19)    $(0.06)
    Adjusted EPS                              $0.19                  $0.19


                                                   Q3 2009 YTD Results
                                             ------------------------------
                                                       Litigation-
                                            Previously   Related      As
    (in millions, except per share data)     Reported     Charge    Updated
    ------------------------------------     --------     ------    -------
    Income before income taxes                 $333       $(294)       $39
    Net income                                 $345       $(294)       $51

    GAAP EPS                                  $0.23      $(0.20)     $0.03
    Adjusted EPS                              $0.58                  $0.58


In addition, the Company has updated its full-
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SOURCE Boston Scientific Corporation
Copyright©2009 PR Newswire.
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