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|December 06, 2002 4:28 p.m.|
|Teva Shares Now Trading Ex-dividend|
Jerusalem, Israel, December 6, 2002 - Teva Pharmaceutical Industries Limited (Nasdaq: TEVA) announced that its ADRs begin trading on a split-adjusted basis earlier today, reflecting its previously announced two for one stock split of its Ordinary Shares/ADRs. The split, which will be effected in the form of a 100% stock dividend, will entitle its holders to one additional Ordinary Share/ADR. Shareholders of record at the close of business on December 10, 2002 will receive one additional Ordinary Share/ADR for each Ordinary Share/ADR held.