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Warner Chilcott Seeks to Refinance its Existing Credit Agreement
Date:3/2/2011

DUBLIN, March 2, 2011 /PRNewswire/ -- Warner Chilcott plc (Nasdaq: WCRX) announced today that certain of its subsidiaries are seeking to refinance the Company's existing credit agreement, dated as of October 30, 2009, as amended (the "Existing Credit Agreement"), by entering into a new credit agreement expected to close in mid-March 2011.  The refinancing is expected to have the effect of extending the maturity profile, reducing certain LIBOR floors and/or interest margins and potentially modifying certain other provisions of the Existing Credit Agreement. The Company can offer no assurance that the refinancing will be consummated.

The Company

Warner Chilcott is a leading specialty pharmaceutical company currently focused on the women's healthcare, gastroenterology, dermatology and urology segments of the North American and Western European pharmaceuticals markets.  The Company is a fully integrated company with internal resources dedicated to the development, manufacturing and promotion of its products.  WCRX-F

Forward Looking Statements

This press release contains forward-looking statements, including statements concerning our operations, our anticipated financial performance and financial condition, and our business plans and growth strategy and product development efforts. These statements constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "may," "might," "will," "should," "estimate," "project," "plan," "anticipate," "expect," "intend," "outlook," "believe" and other similar expressions are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are
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