In Our Communities and the Public
48

Media and Public Inquiries

Shareholders, financial analysts, creditors, media outlets, patient advocacy groups and others count on us to provide reliable information on our Company operations, performance and outlook. Moreover, certain laws govern how such information is disseminated. It is important to Schering-Plough's success that we meet these expectations and comply with the law.

This means:

  • Providing all members of the public, including investors, analysts, press and patient advocates, with equal access to the same honest and accurate information about material matters - no one gets "special" or favored treatment.
  • Not using public forums such as Internet bulletin boards or chat rooms to discuss matters of opinion related to Schering-Plough or any of its industries, or to respond to comments about the Company.
  • Only those colleagues specifically authorized to do so may respond to inquiries from members of the investment community (e.g., shareholders, brokers, investment analysts, etc.) or the media. Colleagues should forward investor inquiries to Investor Relations and media inquiries to Global Communications.
Media and Public Inquiries

Q. My friend introduced me to a local reporter at a barbeque I attended over the weekend. The reporter just started working for the business section of the newspaper and is interested in securing additional information about our Company. As a member of the oncology marketing team, I know that we have exciting data coming out next week about one of our products. Since the information is about to become public anyway, can I tell her about it?

A. No. You should never give non-public information to anyone, including a member of the media, even if you know it is about to become public. You should refer her to Global Communications.

Q. I recently saw a report in the newspaper about a Schering- Plough product. Since I work closely with this product, I know that the information in the newspaper report was incorrect. Is it okay for me to write a letter to the editor of the newspaper to correct the record?

A. No. Individual colleagues are not permitted to respond or to contact journalists regarding Schering-Plough...

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Copyright 2007 Schering-Plough