Kyphon Inc. To Report Fourth Quarter 2005 Financial Results On February 1, 2006

SUNNYVALE, Calif., Jan. 10 /PRNewswire-FirstCall/ -- Kyphon Inc. today announced that it will host a conference call on Wednesday, February 1, 2006 at 2:00 p.m. Pacific Time to discuss the company’s results for its fourth quarter ended December 31, 2005. Kyphon will issue a press release detailing the company’s financial results for the quarter that day following the close of the market.

Richard W. Mott, President and Chief Executive Officer, and Arthur T. Taylor, Vice President and Chief Financial Officer, will host the call.

A live webcast of the call will be available from the Investor Relations section of the company’s corporate Web site at www.kyphon.com. The call will be archived on this site for a minimum of two months. An audio replay of the call will also be available beginning from 6:00 p.m. Pacific Time on Wednesday, February 1, 2006, until 12:00 a.m. Pacific Time on Wednesday, February 22, 2006. To access the replay, dial 888-203-1112 (U.S.) or 719-457-0820 (International) and enter the access code 1784556.

About Kyphon

Kyphon develops and markets medical devices designed to restore spinal function using minimally invasive technologies. The company’s KyphX line of products is used in Balloon Kyphoplasty, a minimally invasive procedure to treat spinal fractures caused by osteoporosis or cancer. For more information, visit Kyphon’s Web site at http://www.kyphon.com .

NOTE: Kyphon and KyphX are registered trademarks of Kyphon Inc.

KYPHE

Kyphon Inc.

CONTACT: investors and media, Julie D. Tracy, Vice President, InvestorRelations and Corporate Marketing of Kyphon, +1-408-548-6500, orjtracy@kyphon.com

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