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Randomized Phase III Trial Showed Erbitux Significantly Improved,Secondary Endpoints of Progression-Free Survival and Disease,Control in Metastatic Colorectal Cancer Patients

s that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations. No forward-looking statement can be guaranteed. There can be no guarantee that a registrational submission will be made to the FDA based on the data described in this press release or if such registrational submission is made, that it would receive FDA approval. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Bristol- Myers Squibb's business, particularly those identified in the cautionary factors discussion in Bristol-Myers Squibb's Annual Report on Form 10-K for the year ended December 31, 2006 and in our Quarterly Reports on Form 10-Q. Bristol-Myers Squibb undertakes no obligation to publicly update any forward- looking statement, whether as a result of new information, future events or otherwise.

CONTACT: Media and Investor Contacts: Rebecca Gregory, CorporateCommunications of ImClone Systems Incorporated, +1-646-638-5058,; Media: Madeline Malia, +1-609-252-3347,, or Tony Plohoros, +1-609-252-7938,, both of Bristol-Myers Squibb; Bristol-Myers Squibb;or Investors: John Elicker of Bristol-Myers Squibb, +1-212-546-3775, media@imclone.com Madeline.Malia@bms.com tony.plohoros@bms.com John.Elicker@bms.com

Web site: http://www.ERBITUX.com/

Ticker Symbol: (NASDAQ-NMS:IMCL),(NYSE:BMY)

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