Brussels, Belgium - October 23, 2006 - 12:30 PM CET - UCB's Extraordinary Shareholders' Meeting today approved a capital increase of up to a maximum of 43,033,437 New Ordinary Shares of UCB. These New UCB Shares will be issued to the shareholders of Schwarz Pharma AG ("Schwarz") who will have tendered their shares to UCB pursuant to the tender offer announced by UCB on September 25, 2006.
