Covidien plc Release: Announcement Under Irish Takeover Rules Relevant Securities In Issue

DUBLIN, Ireland--(BUSINESS WIRE)--In accordance with Rule 2.10 of the Irish Takeover Rules, Covidien plc (NYSE: COV) (the “Company”) confirms that, as of the close of business on December 10, 2014, the Company’s issued share capital, excluding treasury shares, consisted of 453,773,707 ordinary shares, par value US$0.20 per share (the “Ordinary Shares”). The International Securities Identification Number (ISIN) of the Ordinary Shares is IE00B68SQD29.

The Company confirms that, as of the close of business on December 10, 2014, there were outstanding 2,013,210 restricted share units (the “Restricted Share Units”) and 12,343,318 options to purchase Ordinary Shares (the “Share Options”) granted by the Company. Upon vesting, each Restricted Share Unit entitles the holder to receive one Ordinary Share and each Share Option entitles the holder to purchase one Ordinary Share at the applicable exercise price.

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