Alpharma Inc. Announces Conference Call To Discuss Phase II Results Of Its Abuse-Deterrent Extended-Release Opioid

FORT LEE, N.J., Sept. 28 /PRNewswire-FirstCall/ -- Alpharma Inc. announced that the company will hold a conference call regarding Phase II results related to the company’s abuse deterrent, extended-release opioid at 8:30 A.M. Eastern Daylight Time on Friday, September 29, 2006. A presentation which management will refer to on the call will be available at www.Alpharma.com. The call will be open to all interested parties and may be accessed by using the following information:

CONFERENCE CALL ACCESS Domestic Dial In: (800) 374-0147 International Dial In: (706) 634-5431 Conference ID: 7724477

Investors can access the call in a “listen only” mode via the Internet at http://www.streetevents.com or http://www.companyboardroom.com.

In addition, for those unable to participate at the time of the call, a rebroadcast will be available following the call from September 29, 2006 at 12:00 PM Eastern Daylight Time until October 13, 2006 at midnight. The rebroadcast may be accessed on the Internet at http://www.streetevents.com or by telephone using the following information:

REBROADCAST ACCESS Domestic Dial In: (800) 642-1687 International Dial In: (706) 645-9291 Participant Code: 7724477 About Alpharma

Alpharma Inc. is a global specialty pharmaceutical company with leadership positions in products for humans and animals. Alpharma is presently active in more than 60 countries. Alpharma has a growing branded franchise in the chronic pain market with its morphine-based extended release KADIAN(R) product. In addition, Alpharma is among the world’s leading producers of several specialty pharmaceutical-grade bulk antibiotics and is internationally recognized as a leading provider of pharmaceutical products for poultry and livestock.

Statements made in this release include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including those relating to future financial expectations, involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The 2006 outlook assumes no material adverse event contemplated by the risk factors described in the Company’s SEC filings. Information on other significant potential risks and uncertainties not discussed herein may be found in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2005.

Alpharma Inc.

CONTACT: Kathleen Makrakis, VP, Investor Relations, +1-201-228-5085,kathleen.makrakis@alpharma.com

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