Alpharma Inc. Declares Regular Quarterly Cash Dividend

FORT LEE, N.J., Oct. 3 /PRNewswire-FirstCall/ -- Alpharma Inc. today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.045 per common share. The dividend is payable October 27, 2006, to all shareholders on record as of October 13, 2006.

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.

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Alpharma Inc.

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

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