Offer Update

AstraZeneca PLC 06 June 2007 (NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION) AstraZeneca Successfully Completes Tender Offer for MedImmune Shares AstraZeneca PLC ('AstraZeneca') today announced that it successfully completed its tender offer for all of the outstanding shares of common stock of MedImmune, Inc. ('MedImmune'). The subsequent offering period for the offer expired at 12: 00 midnight, New York City time, on Tuesday, June 5, 2007. AstraZeneca Biopharmaceuticals Inc., a wholly owned subsidiary of AstraZeneca, purchased in the initial and subsequent offering periods of the offer a total of approximately 218,750,474 MedImmune shares (excluding shares tendered through notices of guaranteed delivery which have not to date been received), representing approximately 91.6% of the outstanding shares of MedImmune. As previously announced, AstraZeneca expects to effect, without a vote or meeting of MedImmune's stockholders, a short-form merger on or about June 18, 2007 to complete the MedImmune acquisition. Following the merger, MedImmune will be an indirect wholly owned subsidiary of AstraZeneca. In the merger, each of the remaining shares of MedImmune common stock (other than any shares in respect of which appraisal rights are validly exercised under Delaware law and any shares owned by MedImmune, AstraZeneca or any of their subsidiaries) will be converted into the right to receive the same $58.00 in cash per share, without interest, that was paid in the tender offer. Following the merger, MedImmune's common stock will cease to be traded on the NASDAQ Global Select Market. -Ends- June 6th 2007 AstraZeneca Media Enquiries: Steve Brown / Edel McCaffrey (London) (020) 7304 5033/5034 Staffan Ternby (Sweden) (8) 553 26107 Emily Denney (Wilmington) (302) 885 3451 Analyst/Investor Enquiries: Jonathan Hunt / Mina Blair / Karl Hard (London) (020) 7304 5087/5084/5322 Staffan Ternby (Sweden) (8) 553 26107 Ed Seage / Jorgen Winroth (US) (302) 886 4065/(212) 579 0506 Merrill Lynch (Financial Adviser to AstraZeneca) +44 (0) 20 7628 1000 Richard Girling Deutsche Bank (Joint Corporate Broker to AstraZeneca) +44 (0) 20 7545 8000 Charlie Foreman Goldman Sachs (Joint Corporate Broker to AstraZeneca) +44 (0) 20 7774 1000 Phil Raper MedImmune Media Enquiries: Jamie Lacey 301-398-4035 Analyst/Investor Enquiries: Pete Vozzo 301-398-4358 Not for release, publication or distribution, in whole or in part, in, into or from Australia, Canada or Japan This information is provided by RNS The company news service from the London Stock Exchange

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