Tyco Healthcare International (Shanghai) Trading Co. Acquires the Businesses of the Surgiland and Shangriland Medical Distributor
Latitude Capital Group Acted as the Financial Advisor to Surgiland and Shangriland on the Transaction
2005-10-10

Tyco International Ltd. (NYSE: TYC; BSX: TYC) today announced that Tyco Healthcare International (Shanghai) Trading Co., a subsidiary in Tyco Healthcare's segment, acquired the businesses of the Surgiland Co. Ltd., the Shangriland Co Ltd., and the We Li Maintenance Co. Ltd., three leading medical device distributors and servicers in China. Latitude Capital Group acted as Financial Advisor to the Seller on the Transaction.

The Surgiland and Shangriland Group of companies, located in Beijing, imports international medical equipment and distributes to hospitals across China through a network of sub-distributors. Currently, the Group is the exclusive China distributor for a number of leading products from Tyco Healthcare, Mizuho Medical, and Dr. Mach. Surgiland distributes primarily Tyco surgical disposable products. Shangriland distributes electrosurgical systems and disposables, ultrasonic systems and vessel sealing systems from Tyco, operating lamps from Dr. Mach and operating room tables and neurosurgical equipment from Mizuho.

The acquisition, designed to bring Tyco Healthcare closer to its surgical device customers in China, brings with it the expertise of over 219 employees in sales, marketing, finance, customer service and human resources. With over 190 sales professionals in 12 offices covering every region in China, the Group is one of the few distribution organizations with national coverage in the surgical equipment area. Its sales representatives are highly trained and very effective in selling to surgeons, which often involves advising on surgical technology and providing demonstrations, including in the operating room.

"Surgiland and Shangriland are an excellent strategic fit with our Healthcare focus in China," said Joe Almeida, Tyco Healthcare International's President. "In addition, this transaction is reflective of our ongoing commitment to the Chinese healthcare community and the patients they serve."

"This acquisition addresses a tremendous opportunity for us to better serve our surgical customers in China,§ said Warren Liu, Area Vice President for Tyco Healthcare Greater China. ※The combination of our existing trading company and the businesses of the Surgiland/Shangriland organizations is the next step in addressing the growing surgical needs for Chinese patients. Coupled with our newly opened Tyco Clinical Institute (TCI), we are well positioned to help develop the skills and customer base in this important healthcare market."

About Tyco International
Tyco International Ltd. is a global, diversified company that provides vital products and services to customers in five business segments: Fire & Security, Electronics, Healthcare, Engineered Products & Services, and Plastics & Adhesives. With 2004 revenue of $40 billion, Tyco employs approximately 250,000 people worldwide. More information on Tyco can be found at www.tyco.com.

About Tyco Healthcare
As a major business segment of Tyco International Ltd., Tyco Healthcare manufactures, distributes and services an extensive product line including disposable medical supplies, monitoring equipment, innovative wound closure products, advanced surgical devices, medical instruments and bulk analgesic pharmaceuticals. With industry-leading brand names such as Autosuture, Kendall, Mallinckrodt, Nellcor, Puritan Bennett, Syneture and Valleylab, Tyco Healthcare products are found in virtually every healthcare setting. More information can be found at www.tycohealthcare.com.

About Tyco Healthcare International (Shanghai) Trading Co.
Since entering China in 2000, Tyco Healthcare China has been committed to helping the Chinese healthcare community deliver exceptional patient care across the entire spectrum of its technologies. Through the tight collaboration with dealers across the country, Tyco Healthcare International (Shanghai) Trading Co. is dedicated to training and developing its customers in the use of advanced technologies so they can reduce overall patient costs while delivering better care.