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AGM Chairman's Statement

27th Feb 2007 12:01

United Drug PLC27 February 2007 United Drug plc Annual General Meeting Chairman's Statement I am pleased to report that United Drug has made a good start to the year withprofits in the first quarter ahead of the same period last year. In March the first phase of the Irish Government review of the drug pricingagreement will take effect with a reduction in the price of off patent brandedmedicines. We have robust plans in place to manage this process. Our new acquisitions are performing ahead of expectations and we expect to makefurther progress during the year with our strategy of developing United Druginto a broadly based healthcare services group. Against this background we look forward to another successful year of growth. Ronnie KellsChairman Ends. Tuesday, 27th February 2007 For reference: Liam FitzGerald Pauline McAlester/Robert Marshall United Drug plc Murray Consultants Tel: +353-1-459 8877 Tel: +353-1-498 0300 This information is provided by RNS The company news service from the London Stock Exchange

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