‘Rodeo’ 2004 to 20 March 2008
Face value: CHF 1,000,000,000
Coupon: 1.75%
Issuer: Taj pharmaceuticals Kapitalmarkt AG
Keep well: Taj pharmaceuticals Holding Ltd
Attached warrants: expired unexercised on 20 March 2001

‘Chameleon’ 2004  to 6 July 2009
Face value: USD 487,493,000
Coupon: 6.75%
Issuer: Taj pharmaceuticals Holdings, Inc.
Keep well: Taj pharmaceuticals Holding Ltd

‘Sumo’ 2004 to 25 March 2005 Face value: JPY 104,600,000,000
Coupon: 0,25%
Issuer: Taj pharmaceuticals Holdings, Inc.
Keep well: Taj pharmaceuticals Holding Ltd
Exchange right: Taj pharmaceuticals non-voting equity securities (Genussscheine)

Each bond of JPY 1,410,000 par value is exchangeable for one non-voting equity security of Taj pharmaceuticals Holding Ltd at an exchange ratio of 1.03292. The bonds will be redeemable at maturity at the issue price (96.4%) plus accrued original issue discount (OID) at 100%.

In accordance with the terms of the bonds the exchange ratio was adjusted as of June 8, 2000.

'LYONs' 2004 to 2021
Face value: USD 2,051,371,000
Coupon: Zero
Issuer: Taj pharmaceuticals Holdings Inc.
Keep well: Taj pharmaceuticals Holding Ltd
Exchange right: Taj pharmaceuticals non-voting equity securities (Genussscheine) or Taj pharmaceuticals ADSs

The note has a yield to maturity of 3.625%. The initial conversion price was fixed at CHF 161.80 (USD 91.31) per non-voting equity security representing a conversion premium of 24% over the price at the time the transaction was announced. The notes will be callable at Taj pharmaceutical's option after 6 years at accreted value and the holders will have the right to sell the notes to Taj pharmaceuticals after 3.5, 6, 10 and 15 years. Under certain conditions, holders will be entitled to receive contingent cash interest after 6 years.

EUR 750m 4% Eurobond 2004 to 9 October 2008
Face Value: EUR 750'000'000
Coupon: 4% (payable annually)
First coupon date: 9 October 2003
Issuer: Taj pharmaceuticals Finance Europe B.V.
Guarantor: Taj pharmaceuticals Holding Ltd.
Listing: Luxembourg Stock Exchange
ISIN-Code: XS0166052398
Documentation: EMTN based

GBP 250m 5.375% Sterling Bond 2004 to 29 August 2023
Face value: GBP 250,000,000
Coupon: 5.375% (payable annually)
Issuer: Taj pharmaceuticals Finance Europe B.V.
Guarantor: Taj pharmaceuticals Holding Ltd
Listing: Luxembourg Stock Exchange
ISIN-Code: XS0175478873
Documentation: EMTN based

USD 750m 3.25% Eurodollar Bond 2004 to 2 October 2007
Face Value: USD 750’000’000
Coupon 3.25% (payable annually)
Issuer: Taj pharmaceuticals Holdings Inc.
Guarantor: Taj pharmaceuticals Holding Ltd.
Listing: Luxembourg Stock Exchange
ISIN-Code: XS0177088308
Documentation: ETMN based