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MDS Provides Update on Fiscal 2008 Performance
Date:12/10/2008

o take a full write-down for MAPLE under applicable accounting rules, given the difficulty of projecting a specific outcome for any dispute of this nature. We continue to believe we have a strong case against AECL and the Government of Canada relating to the MAPLE agreement."

Fourth Quarter 2008 Financial Results - Conference-Call Details

MDS will provide additional details on this announcement in conjunction with the Company's release of its 2008 fourth-quarter financial results on Wednesday, December 17, 2008.

MDS will host a conference call for analysts to discuss fourth quarter and fiscal 2008 results on Wednesday, December 17, 2008 at 9:30 a.m. EST with Stephen P. DeFalco, President and Chief Executive Officer and Douglas Prince, Executive Vice-President, Finance and Chief Financial Officer. Interested parties may access the live Webcast of the conference call from the MDS website at www.mdsinc.com. Following the call, an audio archive and the presentation slides will be available on the Website in the "For Investors" section under "Webcasts & Presentations".

Caution Concerning Forward-Looking Statements

This document contains forward-looking statements. Some forward-looking statements may be identified by words like "expects", "anticipates", "plans", "intends", "indicates", or similar expressions. The statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. MDS's actual results could differ materially from those expressed in the forward-looking statements due to these risks and a number of other factors, including, but not limited to, successful implementation of structural changes, including restructuring plans and acquisitions, technical or manufacturing or distribution issues, the competitive environment for MDS's products and services, the degree of market pene
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