DUBLIN, Ireland--(BUSINESS WIRE)--Aug. 18, 2006--ICON (NASDAQ:ICLR), a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries, today announced that its board of directors (the “Board”) has recommended a Bonus Share Issue. This proposal is subject to approval by the shareholders of the company at an Extraordinary General Meeting (“EGM”) to be held in Dublin, Ireland, on September 29, 2006. A notice convening the EGM, at which approval for the proposed bonus share issue will be sought, is being posted to Shareholders on Monday 21 August 2006. If ratified by shareholders, the company will issue one new ordinary share for each ordinary share held by shareholders of record on 13 October 2006 (the “Record Date”).
