FRX Forest Road Acquisition Corp

Forest Laboratories, Inc. Announces Share Repurchase Program NEW YORK, July 20 /PRNewswire-FirstCall/ -- Forest Laboratories, Inc. (NYSE:FRX) announced today that its Board of Directors has approved a share repurchase program for up to 20 million shares of its common stock. The authorization will become effective on July 22, 2004 and the program has no set expiration date. The Company expects to make the repurchases from time to time in the open market depending on market conditions. (Logo: http://www.newscom.com/cgi-bin/prnh/20001011/FORESTLOGO) Except for the historical information contained herein, this release contains "forward-looking statements" within the meaning of the Private Securities Reform Act of 1995. These statements are subject to risks and uncertainties that affect our business, including risk factors listed from time to time in the Company's SEC reports, including the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2004. Actual results may differ materially from those projected. http://www.newscom.com/cgi-bin/prnh/20001011/FORESTLOGODATASOURCE: Forest Laboratories, Inc. CONTACT: Charles E. Triano, Vice President - Investor Relations of Forest Laboratories, Inc., +1-212-224-6714, or Web site: http://www.streetevents.com/ http://www.frx.com/

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