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|February 14, 2000 3:19 p.m.|
|Teva Pharmaceutical Industries Ltd. Declares Regular Quarterly Cash Dividend and Announces a Two for One Stock Split|
Jerusalem, Israel, February 14, 2000 - . Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) announced today that Teva's Board of Directors approved the fourth quarter dividend amounting to approximately $6.8 million, (based on current exchange rates), which reflects a 57% increase and equals approximately $0.11 per pre-split ADR. The shareholder record date for the cash dividend is February 21, 2000, and will be payable on March 15, 2000. The expected rate of income tax to be withheld at source is 25%.