Forest Laboratories, Inc. Announces Executive Exercised Stock Options with Intent to Hold Shares

NEW YORK--(BUSINESS WIRE)--Forest Laboratories, Inc. (NYSE: FRX), announced today that Howard Solomon, Chairman and Chief Executive Officer exercised stock options for 1,200,000 shares which are expiring in December 2009 having reached the end of their 10-year term. Mr. Solomon indicated his intent to hold all shares of Forest common stock obtained through the option exercise, net of those shares withheld by the Company to cover the cost associated with the option exercise and related tax payments.

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