Amgen’s Second Quarter 2006 Adjusted Earnings Per Share, Excluding Stock Option Expense, Increased 19 Percent To $1.05

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--July 20, 2006--Amgen (NASDAQ: AMGN - News) reported adjusted earnings per share (EPS), excluding stock option expense and certain other expenses, of $1.05 for the second quarter of 2006, an increase of 19 percent compared to 88 cents during the second quarter of 2005. Adjusted net income, excluding stock option expense and certain other expenses, increased 12 percent to $1.24 billion compared to $1.10 billion in the second quarter of 2005. Stock option expense on a per share basis totaled 4 cents in the second quarter of 2006 compared to 5 cents in the second quarter of 2005. Adjusted EPS including stock option expense was $1.01 for the second quarter of 2006, an increase of 22 percent compared to 83 cents in the second quarter of 2005.
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