Watson to Present at the Morgan Stanley Global Healthcare Unplugged Conference

Market Wire, September, 2008

Watson Pharmaceuticals, Inc. (NYSE: WPI), a leading specialty pharmaceutical company, announced today that Paul Bisaro, Watson's president and chief executive officer, will provide an overview and update of the Company's business at the Morgan Stanley Global Healthcare Unplugged Conference on Tuesday, September 9, 2008 at 4:30 p.m. Eastern Daylight Time.

This presentation will be webcast live and can be accessed on Watson Pharmaceuticals' Investor Relations Web site at http://ir.watson.com . The webcast can also be accessed at the following URL:

http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=WPI&item_id=1933228

An archived version will be available for 60 days after the live presentation and can be accessed at the same locations.

About Watson Pharmaceuticals, Inc.

Watson Pharmaceuticals, Inc., headquartered in Corona, California, is a leading specialty pharmaceutical company that develops, manufactures, markets, sells and distributes brand and generic pharmaceutical products. Watson pursues a growth strategy combining internal product development, strategic alliances and collaborations and synergistic acquisitions of products and businesses.

For press releases and other company information, visit Watson Pharmaceuticals' Web site at http://www.watson.com .

CONTACT: Watson Pharmaceuticals, Inc. Patty Eisenhaur (951) 493-5611