ValueAct Capital Master Fund, L.P.

ValueAct Capital Master Fund III, L.P.

November 19, 2007 19:13 ET

ValueAct Capital Master Fund, L.P and ValueAct Capital Master Fund III, L.P.: Joint Press Release

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2007) - ValueAct Capital Master Fund, L.P. and ValueAct Capital Master Fund III, L.P. (together, "ValueAct Capital") announce that they acquired an aggregate of 2,871,600 common shares of MDS Inc., comprising approximately 2.3% of the outstanding common shares of MDS Inc., and that following such acquisition they collectively owned 20,527,200 common shares of MDS Inc., comprising approximately 16.7% of the outstanding common shares of MDS Inc. ValueAct Capital acquired the Shares via open market purchases on the Toronto Stock Exchange for investment purposes in the ordinary course of their business and they may, alone, together or together with other joint actors, further purchase, hold, vote, trade, dispose of or otherwise deal in the common shares of MDS Inc. at times, and in such manner, as they deem advisable.

A report containing additional information in respect to the foregoing may be obtained by calling Dorothea Walsh at (415) 249-1211.

Contact Information

  • ValueAct Capital Master Fund, L.P.
    ValueAct Capital Master Fund III, L.P.
    Dorothea Walsh
    (415) 249-1211