APP Pharmaceuticals to Be Acquired by Fresenius

Business Wire, July 7, 2008

Conference Call Information

On Monday, July 7, 2008, APP will host a conference call beginning at 10:30 a.m. EDT (7:30 a.m. PDT) to review the details of the transaction. The conference call will be available through a live audio webcast at www.APPpharma.com and www.earnings.com where it will be archived and accessible for one month.

About Fresenius

Fresenius is a health care group with international operations, providing products and services for dialysis, hospital and outpatient medical care. In 2007, group sales were approx. [euro] 11.4 billion. On March 31, 2008 the Fresenius Group had 116,203 employees worldwide.

About Fresenius Kabi

Fresenius Kabi is the leader in infusion therapy and clinical nutrition in Europe and in its most important countries of Latin America and Asia Pacific. Fresenius Kabi's core product range includes infusion solutions for fluid substitution, blood volume expansion and parenteral nutrition, as well as products for enteral nutrition. Furthermore, the company provides concepts for ambulatory health care and is focused on managing and providing home therapies. With its philosophy "Caring for life" and a comprehensive product portfolio, the company aims at improving the quality of life of patients all over the world. On March 31, 2008 the company had 17,816 employees. In 2007, Fresenius Kabi achieved sales of [euro] 2,030 million and an operating profit of [euro] 332 million. Fresenius Kabi AG is a 100 % subsidiary of the health care group Fresenius SE.

About APP Pharmaceuticals, Inc.

APP is a fully-integrated pharmaceutical company that develops, manufactures and markets injectable pharmaceutical products with a primary focus on the oncology, anti-infective, anesthetic/analgesic and critical care markets. The Company offers one of the most comprehensive product portfolios used in hospitals, long-term care facilities, alternate care sites and clinics within North America and manufactures a comprehensive range of dosage formulations.

Forward-Looking Statement

The statements contained in this news release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this news release include statements, including statements regarding the result of the review of the transaction by various regulatory agencies; satisfaction of various conditions to the closing of the transaction; existing and possible future litigation relating to the transaction, our expectations, beliefs, hopes, goals, intentions, initiatives or strategies. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those in the forward-looking statements. These factors include, but are not limited to, the availability and pricing of ingredients used in the manufacture of pharmaceutical products and the ability to successfully manufacture products in a time-sensitive and cost effective manner. Additional relevant information concerning risks can be found in the APP, Inc. Form10-K for the year ended December 31, 2007 and other documents the company has filed with the Securities and Exchange Commission.