Cougar Reports Successful Completion Of J&J’ Initial Tender Offer

Cougar has announced that the initial offering period of Johnson & Johnson’s (J&J) tender offer, for all the outstanding shares of Cougar common stock, expired on July 2, 2009. The offer was conducted through Kite Merger Sub, a wholly-owned subsidiary of Johnson & Johnson.

The depositary for the tender offer has advised Cougar that, as of the expiration of the initial offering period, a total of 17,742,030 shares of Cougar common stock were validly tendered and not withdrawn. This represents approximately 84.4% of Cougar common stock that is outstanding.

All shares that were validly tendered and not properly withdrawn during the offering period, have been accepted for payment. In addition, the depositary has received commitments to tender approximately 2,001,065 additional shares under the guaranteed delivery procedures described in the offer.

Johnson & Johnson has advised Cougar that it is commencing a subsequent offering period of its tender offer, to acquire all remaining outstanding shares of Cougar common stock. This subsequent tender offering period would expire on July 9, 2009, unless extended.

Any shares validly tendered during this subsequent offering period, will be accepted immediately for payment. Tendering stockholders will thereafter be paid $43.00 in cash for each share of Cougar common stock tendered, without interest and less any required withholding taxes.