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Cambrex Announces Significant New Supply Agreement
Date:8/14/2012

vising its previously announced guidance for 2012 capital expenditures.  Capital expenditures are now expected to be between $33 and $36 million in 2012 compared to prior guidance of $16 to $19 million.  Capital expenditures related to this expansion, which includes concurrent investment in local manufacturing capacity to support other important growth initiatives, are expected to total approximately $19 million, with the majority occurring in 2012 and the balance occurring in early 2013.  The agreement provides for a $9.5 million reservation fee to be paid to Cambrex within the next month as an advance against revenues to be earned in 2013. 

Conference Call and Webcast
A Conference Call to discuss this release will begin at 8:30 a.m. Eastern Time on Wednesday, August 15, 2012 and last approximately 45 minutes.  Those wishing to participate should call 1-888-452-4024 for domestic and +1-719-325-2451 for international.  Please use the pass code 5569134 and call approximately 10 minutes prior to start time.  A webcast is available from the Investors section on the Cambrex website located at www.cambrex.com.  A telephone replay of the conference call will be available through Wednesday, August 22, 2012 by calling 1-888-203-1112 for domestic and +1-719-457-0820 for international.  Please use the pass code 5569134 to access the replay.

Forward Looking Statements
This press release contains "forward-looking statements," including, without limitation, statements regarding the timing and amount of expected revenues and capital expenditures in 2012, 2013 and 2014 relating to the non-exclusive supply agreement described above, the Company's expectation that capital expenditures will be between $33 and $36 million in 2012 and that capital expenditures relating to the project described in this press release will be approximately $19 million in total.  The
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