ValueAct Capital Master Fund, L.P.

March 26, 2010 20:47 ET

ValueAct Capital Master Fund, L.P.: For Immediate Release

TORONTO, ONTARIO--(Marketwire - March 26, 2010) - ValueAct Capital Master Fund, L.P. ("ValueAct Capital") announced today that it has sold 6,026,300 common shares of MDS, Inc. (the "Company") in open market transactions on the New York Stock Exchange and the Toronto Stock Exchange. ValueAct Capital may pursue further dispositions with an objective of achieving an ownership position in the Company at a level below 20%, pro forma, for the Company's forthcoming Substantial Issuer Bid ("SIB").

After the above sales ValueAct Capital holds 17,081,400 common shares, representing approximately 14.2% of the total outstanding common shares of the Company.

Contact Information

  • A report containing additional information in respect to the
    foregoing may be obtained by calling:
    ValueAct Capital Master Fund, L.P.
    Dorothea Kennedy
    (415) 249-1211