Name Change

Shareholders of MDS Inc. have approved a change of name from MDS Inc. to Nordion Inc. The company anticipates that the name change will be finalized in Q4 2010. As such, you will see references to both MDS Inc. and MDS Nordion on this website.

Financial Summary

Years ended October 31 (millions of U.S. dollars, except EPS)

2009 2008 % Change
FINANCIAL RESULTS1
Net Revenue

$231

$296

(22%)
Adjusted EBITDA 2 $ 32 $ 26 23%
Operating loss $ (2) $ (355) 99%
EPS
- Adjusted
- As reported
Cash from continuing operating activities
Capital expensitures

$ 0.02
$ (0.12)
$ 81
$ 10

-
$(2.02)
$ (110)
$ 13

n/m
94%
174%
(23%)
1From continuing operations, except where noted
2Excluding certain adjusting items as discussed in our MD&A
n/m - not meaningful