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Pfizer Commences Tender Offer for All Outstanding Shares of King Pharmaceuticals, Inc.
Date:10/22/2010

er for a healthier world™

At Pfizer, we apply science and our global resources to improve health and well-being at every stage of life.  We strive to set the standard for quality, safety and value in the discovery, development and manufacturing of medicines for people and animals.  Our diversified global health care portfolio includes human and animal biologic and small molecule medicines and vaccines, as well as nutritional products and many of the world's best-known consumer products.  Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Consistent with our responsibility as the world's leading biopharmaceutical company, we also collaborate with health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world.  For more than 150 years, Pfizer has worked to make a difference for all who rely on us.  To learn more about our commitments, please visit us at www.pfizer.com.

Additional Information

This press release is neither an offer to purchase nor a solicitation of an offer to sell securities. The tender offer is being made pursuant to a Tender Offer Statement on Schedule TO, containing an offer to purchase, form of letter of transmittal and related tender offer documents, to be filed by Pfizer and Parker Tennessee Corp. with the SEC.  King will file a Solicitation/Recommendation Statement on Schedule 14D-9 relating to the tender offer with the SEC.  These documents will contain important information that should be read carefully before any decision is made with respect to the tender offer. These documents will be mailed to all King shareholders of record.  The Tender Offer Statement on Schedule TO and related materials may be obtained
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