On transfer of shares of Homeofarm sp. z o.o


AB Sanitas controlled Jelfa SA transferred 100% of shares of Polish subsidiary Homeofarm sp. z o.o to Valeant Europe in exchange for 2,468,544 shares of Valeant Europe BV constituting 0.49% of the statutory capital of this company. This transfer was executed between companies controlled by Valeant Pharmaceuticals International Inc. and is a part of internal reorganization and consolidation of operations in Central and Eastern Europe.

A person authorized to provide additional information: Mr. Saulius Mecislovas Zemaitis, General Manager, phone number + 370 37 20 06 62.

         Jurist
         Alina Naujokaitiene
         + 370 620 20367