Zimmer Holdings Inc. Presents Orthopaedic Career Development Awards

SAN DIEGO, Feb. 16 /PRNewswire-FirstCall/ -- Zimmer Holdings, Inc. , a worldwide leader in the orthopaedics industry, announced today that it has funded a total of more than $300,000 in unrestricted grants to seven orthopaedic surgeons who are early in their careers and are pursuing further training or investigation. The Orthopaedic Research and Education Foundation (OREF) administered the selection process. Two of the awards were targeted for minority and female applicants, with recommendations made by the J. Robert Gladden and Ruth Jackson Orthopaedic Societies.

The Zimmer Orthopaedic Career Development Awards are designed to help develop the next generation of orthopaedic leaders by supporting surgeons who have a clinical or scientific interest in total joint surgery and trauma- related fracture treatment. Grants have been made in each of the past seven years and the amount awarded by Zimmer now totals approximately $2.5 million. The winners were recognized at the annual meeting of the American Academy of Orthopaedic Surgeons (AAOS) being held in San Diego.

Winners of the 2007 awards are: April Armstrong, M.D., Penn State Milton S. Hershey Medical Center (Hershey, Pennsylvania); Quanjun Cui, M.D., University of Virginia (Charlottesville, Virginia); Frank Liporace, M.D., University of Medicine and Dentistry of New Jersey (Newark, New Jersey); Amanda Marshall, M.D., University of Texas Health Science Center (San Antonio, Texas); Simon Mears, M.D., Ph.D., Johns Hopkins University (Baltimore, Maryland); Daria B. Terrell, M.D., Washington Cancer Institute (Washington, D.C.); and Lori Tosi, M.D., Children's National Medical Center (Washington, D.C.).

"This tradition of support for promising young orthopaedic surgeons is one we are proud to continue," said Ray Elliott, Zimmer Chairman, President and CEO. "We share a commitment with those in the profession to advance the treatment of orthopaedic patients and we recognize a responsibility to support research and education that can help stimulate those advances."

The Orthopaedic Research and Education Foundation is responsible for administering the Career Development Award program. Zimmer does not take part in selecting the award recipients. Panels of orthopaedic surgeons review all award proposals and make funding recommendations. Individuals may apply for up to a one-year career development award by submitting a proposal for support for research or surgical training. Individual awards cannot exceed $50,000.

Complete information about the program, criteria and the application process can be found on OREF's website at www.oref.org.

About the Company

Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer is the worldwide #1 pure-play orthopaedic leader in designing, developing, manufacturing and marketing reconstructive and spinal implants, trauma and related orthopaedic surgical products. Zimmer has operations in more than 24 countries around the world and sells products in more than 100 countries. Zimmer's 2006 sales were approximately $3.5 billion. The Company is supported by the efforts of nearly 7,000 employees worldwide.

Visit Zimmer on the worldwide web at www.zimmer.com

Zimmer Safe Harbor Statement

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 based on current expectations, estimates, forecasts and projections about the orthopaedics industry, management's beliefs and assumptions made by management. Forward-looking statements may be identified by the use of forward-looking terms such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "projects," "assumes," "guides," "targets," "forecasts," and "seeks" or the negative of such terms or other variations on such terms or comparable terminology. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to, our ability to successfully integrate acquired businesses, the outcome of the Department of Justice investigations announced in March 2005 and June 2006, price and product competition, rapid technological development, demographic changes, dependence on new product development, the mix of our products and services, supply and prices of raw materials and products, customer demand for our products and services, control of costs and expenses, our ability to conduct a successful search for a new chief executive officer, and the ability of the new chief executive officer to gain proficiency in leading our company, our ability to form and implement alliances, international growth, governmental laws and regulations affecting our U.S. and international businesses, including tax obligations and risks, product liability and intellectual property litigation losses, reimbursement levels from third-party payors, general industry and market conditions and growth rates and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. For a further list and description of such risks and uncertainties, see our periodic reports filed with the U.S. Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be set forth in our periodic reports. Readers of this document are cautioned not to place undue reliance on these forward-looking statements, since, while we believe the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary statement is applicable to all forward-looking statements contained in this document.

Zimmer Holdings, Inc.

CONTACT: Media, Brad Bishop, +1-574-372-4291, orbradley.bishop@zimmer.com, or Investors, Sean O'Hara, +1-574-371-8032, orsean.f.ohara@zimmer.com, or Sam Leno, +1-574-372-4790, orsam.leno@zimmer.com, all of Zimmer Holdings, Inc.

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