Cephalon, Inc. Quarterly Conference Call Invitation

FRAZER, Pa., June 26 /PRNewswire-FirstCall/ -- Cephalon, Inc. has scheduled its regular quarterly earnings conference call covering second quarter 2007 results for 5:00 p.m. EDT on Tuesday, July 31, 2007.

July 31, 2007 Schedule 4:30 p.m. EDT Q2 2007 results will be distributed by PRNewswire 4:50 p.m. EDT To participate in the conference call, dial 1-913-981-4901 and refer to Conference Code Number 1428821 5:00 p.m. EDT Conference call begins promptly. Simultaneous Webcast

Investors can listen to the call live by logging on to the company’s website at http://www.cephalon.com and clicking on “Investor Information,” then “Webcast.” Please click on the link and follow the prompts for registration and access.

If you are unable to listen to the live broadcast, an audio or webcast replay of the call will be available approximately two hours after the event until Midnight EDT, August 7, 2007. To listen to the audio replay, dial 1-719-457-0820 and use the Conference Code Number 1428821.

Additional information presented on the conference call may be made available on the Investor Information page of the company’s website.

Cephalon, Inc.

CONTACT: Robert S. (Chip) Merritt of Cephalon, Inc., +1-610-738-6376,cmerritt@cephalon.com

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